Mark Zuckerberg’s facebook CEO reportly changed it company name in a live event held in the platform while talking about the new ‘metaverse’ which will serves as the virtual and augmented reality evolution of social technology in the future, and as part of the presentation, Facebook CEO Mark Zuckerberg announced a new name for the company.

He stated; Going forward, Facebook the company will be known as “Meta,” while Facebook will still be available as a social media product alongside WhatsApp and Instagram.

The social media giant Facebook CEO Mark Zuckerberg added that the Facebook brand is extremely limited to represent whats the company wants to achieve in the future.

The company’s new name and rebranding will represents Facebook apps and its work on augmented and virtual reality products as well.

The new name is meant to “reflect who we are and what we hope to build,” Zuckerberg said. “Over time, I hope we are seen as a metaverse company.”

“From now on, we’re going to be metaverse first, not Facebook first,” said Zuckerberg. “I hope that people come to know the Meta brand and the future that we stand for.”