Facebook Inc. Rebrands Corporate name as ‘Meta’
- Mark Zuckerberg-owned Facebook Inc has changed the corporate name of the world’s largest social media platform to “Meta” to “reflect its emphasis on building the metaverse vision”
- However, the names of the flagship social network will remain the same.
- With the change in the name, ‘Meta Platforms, Inc. will henceforth be called as the parent organisation of Facebook and its subsidiaries (Instagram, Messenger, Whatsapp, Oculus, Workplace, etc.)
- The term “Meta” is taken from a Greek word which means “beyond” and reflects the futuristic motive.