Facebook plans to change its name to fit its “metaverse”

Facebook, criticized by regulators and lawmakers for its business practices, plans to revamp itself with a new name centered on the metaverse.

Facebook plans to change its name to fit its “metaverse”

Between the historic collapse of its platforms that lost Mark Zuckerberg billions of dollars and the revelation of internal documents about ethical practices within the company.

But now an explosive rumor has emerged, as everything points to the fact that for this year’s event the big surprise would be that its main social network would change its name.

What would be the new name of Facebook?

The folks at The Verge have published an exclusive report based on data provided by an anonymous insider.

Where they claim, with quite argued certainty, that Mark Zuckerberg would announce a Facebook name change during his Connect conference or may even do it before.

This talk is scheduled for this October 28, 2021. So, in theory, we would be a week away from this happening.

Broadly speaking, this move would more or less mimic the steps of what Google did when it created Alphabet. Where the rebranding would place the Facebook app as one of many products under a parent company. There alongside Instagram, WhatsApp, Oculus and whatever comes next.

Obviously there is no data on the possible new name, although The Verge media itself speculates by recalling the last interview they had with Zuckerberg.

Where the CEO made much emphasis on his intention to be seen no longer as a social networking company but as creators of a metaverse, where all their apps contribute to that parallel lifeline.

So far Facebook has declined to comment officially on “rumors and speculation”, so nothing is confirmed. Although it would be a matter of very little time to know if this would be real or not.