Facebook meta memes 202112/10/2023 The name change in Facebook’s parent company was unveiled by Mark Zuckerberg at the company’s annual. "You will get to decide when you want to be with other people, when you want to block someone from appearing in your space or when you want to take a break and teleport to a private place to be alone," Zuckerberg said. Embroiled in a mega-controversy, Facebook has rebranded itself under a new name: Meta. Zuckerberg said Thursday that "privacy" and "safety" controls need to be built into the Metaverse from day one. In testimony before a congressional committee and on "60 Minutes," she accused the company of putting profits over people. He made this announcement on Thursday, 28 October, giving rest to rumours about the social media giants rebranding. Earlier this month, former Facebook employee Frances Haugen publicly came forward after leaking thousands of documents that showed company executives knew the platform helped spread misinformation for years but did not do enough to combat the negative effects. As part of a major rebrand, Facebook CEO Mark Zuckerberg announced that his company is changing its name to Meta. The company is currently facing criticism for the lack of protections it has provided users on its suite of social media apps. While the metaverse is years away from being fully realized, Zuckerberg said in addition to technological advances, it will also require "new forms of governance." Zuckerberg called Facebook, which he launched from his college dorm room in 2004, "an iconic social media company," but added that the name no longer "encompasses" everything the company does. Zuckerberg talked up his latest passion - creating a virtual reality "metaverse" for business, entertainment and meaningful social interactions. Mark Zuckerberg 's famous enterprise has control of a number of the biggest apps but this rebranding wouldn't affect their names. The Facebook company will be renamed to Meta, according to an official announcement on social media. Seen on the screen of a device in Sausalito, Calif., Facebook CEO Mark Zuckerberg delivers the keynote address during a virtual event on Thursday, Oct. Octo03:18PM EDT Justin Sullivan/Getty Images Facebook renamed its company to Meta. Zuckerberg said the new virtual reality world will allow users to play video games, watch movies, attend concerts, collaborate with colleagues, and gather with friends without leaving their living room. The company describes the metaverse as a three- dimensional virtual space where users can create avatars that represent them. He predicted that one billion people will be on the Metaverse in the next decade. Zuckerberg said the company's future will focus on building virtual reality products that connect users through a different medium.
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