
FACEBOOK BECAME META
Facebook Inc. (FB.O) has rebranded as Meta, with the goal of creating the "metaverse," a shared virtual environment that the company; Facebook, says could eventually replace the mobile internet. Everyone is hoping Facebook step to becoming Meta will revolutionize the whole internet world. Facebook Became Meta now. The rebranding comes as the world's largest social media company faces increased legislative and regulatory scrutiny over its market dominance, algorithmic judgments, and policing of platform abuses. At a live-streamed virtual and augmented reality conference, Facebook CEO Mark Zuckerberg said the new name reflected the company's efforts to invest in the metaverse rather than its famous social networking site, which would remain branded Facebook. The word "metaverse" was invented almost three decades ago in the dystopian novel "Snow Crash," and it is now becoming the…