Facebook CEO Mark zuckerberg Said his company is rebranding itself meta In an effort to embody his virtual-reality vision for the future, Zuckerberg calls the “Metaverse.”
Skeptics point out that it also appears to be an attempt to change the subject from Facebook Papers, a leaked document trove that has exposed warnings by Facebook of ignoring internal reports and harming its social networks created or built around the world. .
Zuckerberg says he expects the metaverse to reach a billion people in the next decade. The metaverse, he says, will be a place where people will be able to interact, work and create products and content, which he hopes will lead to a new ecosystem that will create “millions” of jobs for creators.
The announcement has been made amid Facebook’s existential crisis. It is facing legislative and regulatory scrutiny in many parts of the world following disclosures in Facebook Papers.
Explaining the rebrand, Zuckerberg said that the name “Facebook” no longer covers “everything we do”. In addition to your primary social network, which now includes instagram, Messenger, its Quest VR headset, its Horizon VR platform and more.
“Today we are seen as a social media company,” Zuckerberg said. “But in our DNA we are a company that makes technology to connect people.”
The metaverse, he said, is the new way. Zuckerberg, a fan of the classics, pointed out that the word “meta” comes from the Greek word for “beyond”.
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