Facebook is preparing a huge change: Zuckerberg wants to change the name of the famous company – Topky.sk

According to Reuters, the name change is supposed to symbolize, according to The Verge, that the company wants to focus mainly on building a metaversion. It’s a version of the Internet for virtual reality that this American technology giant sees as the future.

Facebook CEO Mark Zuckerberg plans to talk about the new name at this year’s Facebook Connect conference on October 28, but the company may reveal the new name sooner, adds The Verge.

“I’m told that the new Facebook company name is a closely-guarded secret within its walls and not known widely, even among its full senior leadership.” https://t.co/PmEc16uZvm

– Ian Hamilton (@hmltn) October 20, 2021

So far, it’s just speculation

Facebook Inc. she only said that she did not comment on gossip or speculation. The social network itself will most likely keep its name and will continue to be one of the products that Zuckerberg’s company offers, Reuters analyzes.

The report comes after a technology giant announced on Monday plans to hire 10,000 people in the European Union (EU) to build the metaversion.

Facebook and Instagram face criticism

Facebook is currently facing growing calls for stricter regulation to limit its impact. In addition, the company faced criticism last month after former employee Frances Haugen published internal studies, according to which Facebook knows that its social network can be harmful to the mental health of young people.

According to documents, Facebook knows the negatives of its algorithm, but not only does it do nothing about it, but in the name of higher profits, it still supports it. According to Haugen, who testified before the US Congress, this applies not only to Facebook itself, but also to other company products such as Instagram and WhatsApp.