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Facebook reportedly planning to change its name
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Facebook is planning to soon announce a rebranding with a new name focused on "the metaverse," according to The Verge.
The tech publication reported Tuesday that the move stems from the company, which also owns Instagram and WhatsApp, wanting to be known for more than social media.
A company spokesperson told multiple media outlets that Facebook doesn't comment on speculation or rumor.
Facebook CEO Mark Zuckerberg plans to talk about the name change at the company's annual Connect conference on Oct. 28, but could unveil the rebranding sooner, The Verge reported.
According to the report, Facebook's name change would put its platforms all under one umbrella brand, similar to how Google is within the parent company Alphabet. The Verge cited "a source with direct knowledge of the matter."
The reported name change comes as Facebook is also contending with antitrust crackdowns, the congressional testimony of a whistleblower ex-employee and concerns about how it handles misinformation.
The tech publication reported Tuesday that the move stems from the company, which also owns Instagram and WhatsApp, wanting to be known for more than social media.
A company spokesperson told multiple media outlets that Facebook doesn't comment on speculation or rumor.
Facebook CEO Mark Zuckerberg plans to talk about the name change at the company's annual Connect conference on Oct. 28, but could unveil the rebranding sooner, The Verge reported.
According to the report, Facebook's name change would put its platforms all under one umbrella brand, similar to how Google is within the parent company Alphabet. The Verge cited "a source with direct knowledge of the matter."
The reported name change comes as Facebook is also contending with antitrust crackdowns, the congressional testimony of a whistleblower ex-employee and concerns about how it handles misinformation.
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