Facebook is going to change its name next week, The Verge reported. It’s not going to be re-adding a ‘The’ but rebrand in order to reflect Mark Zuckerberg’s vision of a ‘metaverse’.
A rebrand could also serve to further separate the futuristic work Zuckerberg is focused on from the intense scrutiny Facebook is currently under for the way its social platform operates today. A former employee turned whistleblower, Frances Haugen, recently leaked a trove of damning internal documents to The Wall Street Journal and testified about them before Congress. Antitrust regulators in the US and elsewhere are trying to break the company up, and public trust in how Facebook does business is falling.
Check It Out: Facebook is Going to Change Its Name Next Week