Facebook founder and CEO Mark Zuckerberg announced the company will change its corporate name to Meta on Thursday.
“Today we’re seen as a social media company,” Zuckerberg said, “but in our DNA, we are a company that builds technology to connect people. And the metaverse is the next frontier just like social networking was when we got started.”
ABC News correspondent Alex Stone joins The Chip Franklin Show to explain Facebook’s name change and focus on life in the future.
The company will not change the name of the platforms Facebook or Instagram, but instead solely the parent company in attempt to go beyond its social media platform. A main focus outside of social media is the future of connecting with people, which the company believes will be in virtual worlds.
Although the technology has not been invented yet, Zuckerberg says virtual reality and augmented reality will allow screens and Zoom meetings to disappear. Instead, individuals will be transported to desired locations virtually. The process will likely start with virtual reality glasses and then develop from there.
Listen below to hear why clarifying all of Facebook’s announcements prompts Chip Franklin to say, “Don’t you just want to throw up whenever he talks?”
Altering names isn’t uncommon; people typically have nick names as kids and change them in adulthood for professional reasons. Artists have similar situations when they rebrand themselves. But, what about Facebook’s latest reincarnation?
Listen below to hear Chip Franklin ask: what’s in changing a name?