What started in a college dorm is set to transcend the physical world, as a new direction for Facebook begins today with an unexpected name change.
The company formerly known as Facebook is now called Meta, CEO Mark Zuckerberg announces today.
Why did Facebook change its name?
Zuckerberg has ambitious goals to change what people think is possible with social media.
Giving the company a new name reinforces that Facebook as we knew it is getting a face-lift of sorts.
Where Facebook laid the foundation for connecting people via photos, videos, and text— Meta aims to add a new dimension to the experience.
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“Meta” is derived from the word “metaverse,” which refers to an immersive 3D environment where multiple people can share the same virtual space.
Zuckerberg explains his unique vision of it: