October 20, 2021, 06.45 PM
An image of Facebook. CNETAn image of Facebook.

KOMPAS.com - Facebook is planning to change its name next week to reflect its emphasis on building the metaverse, The Verge reported on Tuesday, October 20 citing a source with direct knowledge of the matter.

The report said Facebook Chief Executive Officer Mark Zuckerberg intends to talk about the rebranding at the company’s annual Connect conference, slated for October 28, but the name could be revealed sooner.

Also readFacebook Launches Climate Project to Tackle Misinformation

Facebook told news agency Reuters that it “does not comment on rumor or speculation.”
The rebranding would likely position the Facebook social media app as one of the several products under the umbrella of a parent company, which will oversee groups like WhatsApp, Instagram, and Oculus, The Verge said.

The social media giant has described its “metaverse” project as “a new phase of interconnected virtual experiences” that make use of virtual and augmented reality and this week said it would hire 10,000 people in the EU to work on the project. 

Also readFacebook Platform Dominates the Spread of Hoaxes in Indonesia

Tuesday’s report comes as the company faces increasing criticism and scrutiny over its business and user data practices.

Dapatkan update berita pilihan dan breaking news setiap hari dari Kompas.com. Mari bergabung di Grup Telegram "Kompas.com News Update", caranya klik link https://t.me/kompascomupdate, kemudian join. Anda harus install aplikasi Telegram terlebih dulu di ponsel.



Comment wisely and responsibly. Comments are entirely the responsibility of the commentator as regulated in the ITE Law
Report
Thank You! We have received your report. We will remove comments that conflict with the Community Guidelines and the ITE Law.

More Headlines

Business
November 25, 2021, 02.44 PM

Indonesia to Produce Electric Cars in March 2022

News
November 19, 2021, 03.58 PM

Partial Lunar Eclipse Visible from Indonesia

Close Ads X