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Facebook Changes Corporate Name to ‘Meta’

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variety.com

Todd Spangler NY Digital EditorMark Zuckerberg is now chairman and CEO of Meta.The rechristened Meta, as the parent company of Facebook’s social services and AR/VR businesses, is intended to reflect Zuckerberg’s positioning of the company as focused around “metaverse” experiences and services, which he hopes will reach 1 billion people in the next decade.“Our mission remains the same — it’s still about bringing people together,” Zuckerberg said Thursday during his keynote kicking off Facebook Connect, its annual conference for AR/VR developers and creators. “But now we have a new North Star, to help bring the metaverse to life, and we have a new name that reflects the full breadth of what we do and the future that we want to help build.”.

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