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Facebook renames itself ‘Meta’ as part of shift towards VR

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Facebook is giving itself a new name – Meta – as part of a reshuffle that sees the social media platform become just one of several products maintained by a new umbrella company. “Starting today our company is now Meta,” Facebook founder Mark Zuckerberg said at the company’s Connect conference on Thursday, announcing the company’s shift towards virtual reality. With the new name, Zuckerberg wants to underline the company’s focus on a new virtual environment that it calls “Metaverse”, in which he sees the future of digital communication. He also wants to use this new project to lead the group o…

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