Sunday, August 14

Facebook matrix is ​​renamed Meta, but the network does not change

“I am proud to announce that as of today, our company is Meta. Our mission remains the same, to connect people, and our applications and brands will not change ”, added the businessman.

Critics of Facebook released reports last week that revealed that the company was aiming to distract attention from recent scandals and controversies at its center with the name change.

A group calling itself “The Real Facebook Oversight Board” warned that large corporations, such as oil and tobacco companies, are changing their names to “divert attention” from their problems. “Facebook believes that changing the name will help them change the subject,” the group said last week. He added that the “real problem” is the need for supervision and regulation.

Facebook announced plans 10 days ago to hire 10,000 people in the European Union to develop the “metaverse,” with Zuckerberg pioneering the promotion of that concept.

Facebook has been fighting a new crisis since its former employee Frances Haugen leaked numerous internal studies that showed executives were aware of the potential damage their sites cause, sparking a renewed push in the United States to regulate activities on the web.

The Washington Post suggested last month that Facebook’s interest in the metaverse is “part of a broader push to rehabilitate the company’s reputation with lawmakers and reposition Facebook to shape regulation of Internet technologies.” Google rebranded itself Alphabet in a corporate overhaul in 2015, but its search engine and online advertising remain its key unit despite having undertaken other operations, such as self-driving car development Waymo and scientific unit Verily.

AFP Agency