Date uploaded: 2021-10-28 20:31:55

Farewell Facebook. Hello Meta. CEO Mark Zuckerberg announced Thursday that Facebook the company is changing its name to Meta to reflect its growing focus on the metaverse. He made the announcement during the company's annual Connect conference streaming Thursday. "Our brand is so tightly linked to one product that it can't possibly represent everything we're doing today, let alone the future," Zuckerberg said. Though its vision is expanding to virtual spaces where people interact via digital avatars, the company said it is not changing its corporate structure. It will trade under the ticker symbol MVRS. Facebook and its apps Instagram, Messenger and WhatsApp, will be housed in a separate division from Facebook Reality Labs, which makes the company's augmented and virtual reality products, the company said earlier this week. To learn more about Meta, click the link in our bio. #facebook #meta