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Social media users on Tuesday reacted to a report that Facebook plans to change the name of its parent company early next week.

A source told The Verge that the company wants to move beyond social media to the metaverse, which is described as a virtual world achieved through virtual reality.

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Axios reporter Ina Fried quipped on Twitter, “Dear Facebook: We have received a request to change your name.” “However, due to our real name policy, you must first fax us a copy of your court order and new driving license…”

One Facebook user commented in a post, “Change it to something obviously like ‘Open Book’ because it’s stealing all our personal information and spying on everything we say and discover.”

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“It must be great on a late night show…..” joked another Facebook user.

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“I remember when Zuckerberg was so committed to the Facebook name that he insisted on ‘Instagram by FB’ and ‘WhatsApp by FB’,” tweeted New York Times tech reporter She-Ra Frenkel. “Looks like it didn’t work so they’re trying a new strategy. Strange how much companies believe in new branding.”

The Facebook app and website will have the same name, but Facebook, Inc., the parent company of Instagram and WhatsApp, will rebrand for its new Metaverse vision.

The Verge reported that CEO Mark Zuckerberg may reveal the new name during the company’s annual Connect conference in the last week of October, but it could come sooner.

The company plans to change the name at a time when Facebook is facing scrutiny from all sides for its business practices.

Facebook whistleblower Frances Haugen testified about the social media platform before Congress earlier this month, saying she believed that as a former engineer for the company it “could harm children, can incite division and weaken our democracy.”

As The Verge reports, Google underwent a similar rebranding in 2015 by changing the name of its holding company to Alphabet.

The company is reportedly controlling all talk of a potential new name, even for some in senior leadership, according to ledge.

Facebook did not immediately respond to Granthshala Business’s request for comment.