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Facebook to enter metaverse and change their name

 

According to a source, Facebook may be rebranding itself to emphasize the creation of the metaverse. According to reports, CEO Mark Zuckerberg will announce the new name on October 28 at the Connect conference.. There are more than 10,000 employees working for the company, who manufacture consumer products like as augmented reality glasses that can be used as a smartphone. The company's spokeswoman replied, "We don't comment on rumor or speculation."

According to reports, Facebook is considering renaming itself as Horizon, something the business has been working on for the past few years. It's probable that the name Horizon has anything to do with the still-unreleased virtual reality version of Facebook that Zuckerberg and his colleagues are developing. Google reorganized itself into a holding company known as Alphabet in 2015, while Snapchat changed its name to Snap in 2016. In recent weeks, Facebook has made a significant effort to promote the concept of the metaverse. According to science fiction novelist Neal Stephenson, the term "virtual world" refers to a virtual world where individuals can escape from a dismal actual world. One of the world's largest and most controversial corporations has now adopted it, and the company will have to justify why its virtual world is worth exploring.

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