NEW YORK: The Facebook company now takes on the name of Meta. Why Facebook Meta is here is best explained by Mark Zuckerberg.
The name change comes as the world's largest social media company battles criticisms from lawmakers and regulators over its market power, algorithmic decisions and the policing of abuses on its services
Mark Zuckerberg has been doing a lot with Facebook in the last few years and now, he has even changed the company’s name. It’s called Meta, and the services of Facebook, Instagram, WhatsApp, Messenger and Oculus form its Metaverse. It sounds cool and also seems like a way for Zuckerberg to play some rebranding game to shed all of the negative attention his company has been gaining lately. However, Zuckerberg clarifies the reasons why Facebook Meta is here and the reasoning behind this name change.