Facebook’s new name is Meta, and Oculus is no more

Facebook, Inc. now owned by Meta Platforms, Inc. – Meta summary. At a ceremony on Thursday, Mark Zuckerberg announced that the company was redesigning itself to focus on creating “metaverse,” an image that people associate as avatars in real time. The new name suggests that Facebook is not just about building a new, digital space. That wants to be his face, too.

“From now on, we will be doing the wrong thing, not Facebook first,” Zuckerberg told Facebook Connect, a conference for real-time and innovative companies. “As our new teams begin to appear on our products, I hope people know the type of Meta and the future we represent.”

We do not know all the backgrounds behind the new Meta logo, which has a logo that looks like a curved symbol. Announcing the new name, Zuckerberg described his preference for Meta because it is a Greek word that “stands for always having a lot of construction.” Perhaps by chance, the Chan Zuckerberg Initiative, a philanthropy Zuckerberg founded by his wife, Priscilla Chan, discovered a Meta-based device that uses AI to integrate scientific research, even though the project page says a different group from Facebook. The standard Meta definition, of course, contains only metaverse.

Mark Zuckerberg, CEO of Facebook, changes his avatar at the Facebook Connect event – when the company announced its redesign as Meta.
Images of Michael Nagle / Getty

Aside from the announcement of Zuckerberg’s big name, this year’s Connect Conference focused on explaining how metaverse and expertise contribute to its effectiveness.

Through a series of beautiful and colorful demonstrations, the sermon focused on how people can play sports, go to work, exercise, and even study in three-dimensional environments, each time it begins. Zuckerberg also highlighted his company’s efforts to create new metaverse products, including new and improved visual aids, better digital avatars, and new video game events. And based on the new name, the CEO explained that it should represent the need for a new metaverse business, which will work differently from Facebook apps.

Facebook’s focus on metaverse comes seven years after the company bought Oculus, which creates real-time headsets that allow people to play 3D games. Andrew Bosworth, the company’s vice president for more and more realities, also announced Thursday that the name Oculus. will be retired and that its tools and software will now work under Meta type.

While these VR headsets are still the most popular and popular among players, Facebook seems to think that technology could play a major role in the launch of Horizon, a real platform that allows avatar users to connect to the internet. This, along with the new future – probably a combination of real augmented glasses by the Bosworth team he says he is developing – can ultimately help create a metaverse foundation.

A company formerly known as Facebook is watching what is happening because it is facing a lot of challenges, including. a possible investigation from the Federal Trade Commission and the anger of the legislators involved The company is planning to create an Instagram brand for kids, which has been suspended. The company is also dealing with the amount of media coverage promoted by Thousands of internal documents were leaked Facebook historian Frances Haugen.

The post has given people new insights into Facebook’s inner workings and disclosures bad company reputation on the issue of hate speech, political fragmentation, and human trafficking, among other problems. But as Recode’s Shirin Ghaffary he explained last week, Facebook’s new approach shows that the company does not think the current crisis should thwart many of its ambitions. Instead, Zuckerberg said more on the subject the opening words of the meeting.

However, the company seems to show that it has learned something from its experience in operating the world’s largest platform. While making a comeback a few years ago, Facebook executives insisted the company would be very careful. Investigators will be questioned from the outset, and privacy, connections, and release will be built into the Facebook metaverse content from the outset, he said.

“You want to know that when you buy something or make something, your stuff is often useful and you won’t be locked into one country or platform,” Zuckerberg said. “It’s a future that can’t be created by any company.”

But Facebook’s new name suggests that the future will be created by Facebook, and could be similar to the company. Apart from that, many of the participants looked at how Facebook is gaining the expertise necessary to prepare this metaverse before it starts. When this happens, it would not be surprising if people think that metaverse and Meta are the same.

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