facebook to Meta
Facebook chief Mark Zuckerberg on Thursday announced the parent company's name is being changed to " Meta " to represent a future beyond just its troubled social network. The name change comes as the company battles criticisms from lawmakers and regulators over its market power, its algorithmic decisions and the policing of abuses on its platforms. CEO Mark Zuckerberg, speaking at the company's live-streamed virtual and augmented reality conference, said the new name reflected its focus on building the metaverse. "We've learned a lot from struggling with social issues and living under closed platforms, and now it is time to take everything that we've learned and help build the next chapter," Zuckerberg said. Name of apps to remain same The tech giant said the change would bring together its different apps and technologies under one new brand. It said it would not change its corporate structure. The names of the apps that it builds — Facebook, Inst...