On Thursday, Facebook CEO Mark Zuckerberg advertised that he is changing his company’s name Facebook to Meta Platform Inc. Mark said the reason behind this is that the “Facebook “name does not encompass everything it does now. The company is betting big on the metaverse project which they think is the future of the internet. Mark Zuckerberg, now the CEO of Meta said “From now on, we’re going to be the metaverse first. Not Facebook first,”
The idea behind the change of name from “Facebook” to “Meta”?
Mark Zuckerberg announced that Facebook’s name would change to Meta. The idea behind the change is that Facebook does not encompass the objective. Mark described it as a “virtual environment.” You can go inside it without actually going in it. You will be able to feel the endless world, interconnected world communities where anyone can meet with each other. You can work and play using augmented reality glasses and headsets.
Mark mentioned that their mission would remain the same. It will remain the same company that is connecting people all over the world.
So, the idea behind the whole change of name is to connect with people more closely. The pandemic has made people around us lonely, but this new update will change many lives.
Metaverse is seen as the next version of the internet where you can connect with the virtual world.
What is Metaverse?
“Metaverse” is virtual computer software. It is the software that will connect people with the virtual world. It includes other growing businesses too that are in the virtual reality hardware. The virtual hardware includes companies like Oculus and Horizon Worlds. Some companies are still in the beta version. These companies will also be available in these virtual worlds.
Will Apps Like Facebook, Instagram, Etc., Change Their Name?
Mark mentioned that he would not change the names of applications. Facebook, the app where people can connect to other parts of the world, will not change its own. The names of Instagram
New features of Metaverse
Recently, Mark showed video demos that showed what Metaverse actually would look like. The video demos clearly showed that people would connect to the avatars.
Privacy and Safety Controls
Mark said we all are in the digital era, and we need privacy and safety. The Metaverse has been made keeping in mind privacy and security. The Metaverse will have parental control, privacy standards, and data use which was previously lacking. In the end, Mark said, “Advertisements will still be part of the social media platform. Ads are the important part of the social media strategy, so it will probably be the meaningful part of Metaverse too.”