After a lot of speculation over its new name, Facebook gets renamed as Meta. The new brings a welcome change as the name Facebook looks more of a social network and does not reflect the totality of the future ambitions of the company.
Zuckerberg in a letter about the Meta rebrand wrote, “Today we’re seen as a social media company. Facebook is one of the most used technology products in the history of the world. It’s an iconic social media brand. Right now our brand is so tightly linked to one product that it can’t possibly represent everything we’re doing today, let alone the future.”
There had been reports suggesting Facebook was going to rebrand itself for quite a while.
Folks were pretty sure the name change was coming for some time now. Facebook had also purchased a domain meta.com, along with Zuckerberg himself bragging about the metaverse and how people will interact with each other through AR and VR.
Today Zuckerberg revealed the new logo for the company and also said since meta is Greek for the word “beyond” no longer will the company’s services be confined to Facebook accounts. Facebook will also begin trading as MVRS starting Dec. 1, 2021.
Facebook Meta Page mentioned, “The metaverse is the next evolution of social connection. Our company’s vision is to help bring the metaverse to life, so we are changing our name to reflect our commitment to this future.”
Zuckerberg kept mentioning sci-fi concepts throughout his keynote, ranging from wristbands that can read your mind, to both photorealistic and stylized avatars. He also explained about metaverse where people will be able to do such cursed activities as view NFT galleries, download the latest “merch,” and interact with avatars of celebrities. Sculpting the picture of a metaverse economy, in collaboration with YouTube influencers selling perfumes called “Cuffing season.” Though it is still not clear how one would smell scents in the metaverse.
Zuckerberg also referred to “Project Cambria” in terms of hardware, a high-end version of the Oculus Quest 2. Also mentioned is the recently launched Ray-Ban Stories, the smart sunglasses in collaboration with Essilor Luxottica. Additionally, mention working on a more advanced smart glasses project, though made it clear they were far from seeing them as a myriad of sensors and components would have to be shrunk to fit a 5mm frame.
Today’s keynote featured a lot of fantastical things which may take years or decades to see the day’s light. Zuckerberg is pretty excited to reach the finish line far into the future, as the social media giant, “From now on, we will be metaverse-first, not Facebook-first.”