Facebook is no more. It’s now called Meta
At the Facebook Connect conference today (October 28), evil overlord Mark Zuckerberg announced that the company was changing its name to Meta. Why? Because Facebook has plans on monetizing reality with its extension into the metaverse, a world where everything and anything is augmented.
I quote: “We are a company that builds technology to connect. Together, we can finally put people at the center of our technology. And together, we can unlock a massively bigger creator economy. To reflect who we are and what we hope to build.”
The name “Facebook” isn’t good enough anymore because it doesn’t capture what the company is doing. “[O]ver time,” says Zuckerberg, “I hope we are seen as a metaverse company.”
Great. Ever read/see Ready Player One? Facebook Meta wants to build The Oasis, all while scraping every bit of personal data from users. Given Facebook’s horrible track record with upsetting society and politics, what could possibly go wrong? (Hint: Read Ready Player Two.)
The Verge has some good analysis about the rebranding here. The new stock symbol, MVRS, will debut on December 1.
