“The Facebook” was trending after the report fell.
according to a report published by The Verge On Tuesday night, the rebrand aims to reflect the company’s focus. building the metaverse And its ambition is known for more than just social media. The change will be discussed by CEO and founder Mark Zuckerberg at an annual company conference on October 28.
The Facebook app itself will retain its name, but will be retained as one of several products owned by the rebranded parent company.
Facebook’s reputation has been hit hard in recent years. The Verge reported that a rebrand could serve to decouple new projects from scrutiny, given the way the company operates and regulates it.
Earlier this month, a whistleblower testified before Congress that the social media giant was “putting profits before the people” and knew that its products “Harm to Children, Stoke Division, undermine our democracy.” Federal regulators also Guilty A company abusing the monopoly position in social media.
After The Verge broke the news about the impending rebrand, Twitter users did what they do best and shrug off the derision: