In case you are getting bored with the Facebook name (and not Facebook itself), the company is making a move to rebrand. When things begin moving, Facebook will become “Meta”, which includes some of the other brands under the company as well,
Some of these other brands will include Oculus which will now start using the Meta name in place of “Oculus” (including the headsets, app, and more).
Mark Zuckerberg (Facebook CEO) mentioned that they want to be seen as more than just a social media company. Something that covers a much larger spectrum as it builds out the “Metaverse” and focuses on connecting people.
Meanwhile, with everything going on with the company’s whistleblower that has been casting a spotlight on some of the companies actions and (lack of) efforts to protect people online, there is no doubt that Facebook is attempting to distract from some of this. It’s a surprise that the company isn’t taking the same route as Google did with Alphabet.
Facebook is all-in when it comes to investing in the Metaverse, which is essentially the world of VR/AR/MR. In a way, you can consider the Metaverse to similar to Oasis in Ready Player One. The next generation of social engagement online that transcends typical social media websites. Something that doesn’t exactly exist just yet outside of multiple attempts at creating virtual chat or conferencing environments by various companies like Facebook.
There is no doubt that VR is going to usher us all into a new future that has only been available within sci-fi movies/TV. We are still a long way off from this, but Facebook is one of many trying to lay the ground work. Assuming it can keep its head out of the fire.
I’m waiting for FB to find itself next to Myspace in the has-been line