Yesterday, The Verge reported that Facebook is preparing to change its name to reflect that better the ambitions of the "metaverse". Now another publication claims that the name has not been decided yet, although the company plans to reveal it very soon.
Journalist Casey Newton he says that he confirmed with his sources that the change του ονόματος θα έρθει ή την ερχόμενη Δευτέρα, ή κατά τη διάρκεια της ανακοίνωσης των κερδών του Facebook, ή στο συνέδριο Oculus Connect, που έχει προγραμματιστεί για την επόμενη Πέμπτη.
Despite the urgency of the schedule (a week at most), Newton sources say CEO Mark Zuckerberg has not yet reached a final name.
The company has been discussing the move for at least two months, with former Facebook CMO Antonio Lucio pushing to change the company name three years ago to separate products from the company.
Meanwhile, a lot happened. Although Facebook continued to make a lot of money, there were many concerns about Facebook's role in the presidential election of USA in 2016, privacy and security practices and the social network's overall impact on our well-being. All of this prompted regulators to impose fines, and even suggested breaking it up into several smaller companies. Maybe it's time to turn the page with a new name.
Another good reason for the name change is that Facebook is thinking much more broadly than social networks. Zuckerberg spoke openly about the metaverse, a somewhat vague term that Facebook associates with virtual and augmented reality. Zuckerberg mentioned that it is the future of the company.
A good case at the moment is the name "Meta". It is directly related to the metaverse vision and it seems that Facebook has already bought the domain "meta.com".
We will find out soon enough.