In the future, the Facebook group will be called Meta – Economy

The Facebook group is giving itself a new name. The umbrella company via services such as Facebook or Instagram will now be called Meta, as Facebook founder Mark Zuckerberg announced on Thursday. With the new name, Zuckerberg wants to focus on the new virtual environment “Metaverse”, in which he sees the future of digital communication – and also of his business. He also wants to use it to bring the group more strongly out of the shadows of its original and so far most important Facebook platform. In addition to Instagram, the group of companies also includes the WhatsApp and Messenger chat apps.

“We’re considered a social media business today, but deep down we’re a business that connects people,” Zuckerberg said. The name Facebook was no longer able to reflect the full range of products offered by the group. In the “Metaverse”, according to the presentation of the 37-year-old founder of Facebook, the physical and digital worlds will meet. On the one hand, Zuckerberg relies on virtual reality (VR), in which users can immerse themselves in digital worlds with special glasses on their heads. Virtual reality company Oculus is also part of the Facebook group.

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