Small toy figures are seen in front of displayed Facebook's new rebrand logo Meta. Reuters
Gulf Today Report
Facebook Inc said on Thursday it will rename the company Meta, a name change that comes as the company battles criticism by lawmakers and regulators on its market power, its algorithmic decisions and the control of abuses on its platforms.
CEO Mark Zuckerberg, speaking at the company's live virtual and augmented reality conference, said the new name reflects his focus on building the metaverse.
“Right now our brand is so closely tied to a product that it absolutely cannot represent everything we do today, let alone in the future,” he said.
Facebook said on Twitter, “The metaverse is the next evolution of social connection. It's a collective project that will be created by people all over the world, and open to everyone.
“You’ll be able to socialize, learn, collaborate and play in ways that go beyond what’s possible today.
“Whether you’re imagining feeling closer to your long-distance family members or dancing with your friends wherever they are, share your vision for the future in the comments below.”
It said it would not change its corporate structure.
The Metaverse, a term first coined in a dystopian novel three decades ago and now catching the attention of Silicon Valley, usually refers to the idea of a shared virtual environment accessible by people using different devices.
The company on Thursday unveiled a new sign at its headquarters in Menlo Park, California, replacing the "Like" logo with an infinite blue shape.
In his TV show “Dirty Jobs,” host Mike Rowe is famous for promoting work that most people don’t want to do, such as septic tank cleaner or snake wrangler. He has exposed audiences to roles that are essential to our society but often avoided, especially by Americans who pursue a college education. Employers find it difficult to
Facebook wiped out pages from Australian state governments and charities as well as from domestic and international news organisations, three days before the launch of a nationwide COVID-19 vaccination programme.
A funny thing happened in Australia: millions of people were cut off from vital sources of information. According to Facebook, only around four per cent of all content viewed on the site’s news feed by Australians is journalism. But for many who are staying
President Erdogan prayed to the Almighty Allah that these appointments would contribute to the country’s development and progress, wishing the UAE and its people continued progress and prosperity.
The Space Centre wrote, Astronaut Sultan Al Neyadi alongside a free-flying AstroBee robotic helper at the KIBO laboratory module aboard the International Space Station.
The Abu Dhabi Court for Family and Civil and Administrative Cases obligated a wife to pay her husband Dhs5,000 in compensation for the material and moral damage he incurred, after she hit him in the face with a phone.