The metaverse will not be created by one company. This isn’t about spending more time on screens it’s about making the time we already spend better. You’ll move across these experiences on different devices - augmented reality glasses to stay present in the physical world, virtual reality to be fully immersed, and phones and computers to jump in from existing platforms. Your TV, your perfect work setup with multiple monitors, your board games and more - instead of physical things assembled in factories, they’ll be holograms designed by creators around the world. Think about how many physical things you have today that could just be holograms in the future. You’ll be able to spend more time on what matters to you, cut down time in traffic, and reduce your carbon footprint. This will open up more opportunity no matter where you live. In this future, you will be able to teleport instantly as a hologram to be at the office without a commute, at a concert with friends, or in your parents’ living room to catch up. We made a film that explores how you might use the metaverse one day. In the metaverse, you’ll be able to do almost anything you can imagine - get together with friends and family, work, learn, play, shop, create - as well as completely new experiences that don’t really fit how we think about computers or phones today. That is why we are focused on building this. Feeling truly present with another person is the ultimate dream of social technology. The defining quality of the metaverse will be a feeling of presence - like you are right there with another person or in another place. We call this the metaverse, and it will touch every product we build. The next platform will be even more immersive - an embodied internet where you’re in the experience, not just looking at it. We’ve gone from desktop to web to mobile from text to photos to video. As connections got faster, video became a richer way to share experiences. When we got phones with cameras, the internet became more visual and mobile. When I started Facebook, we mostly typed text on websites. In recent decades, technology has given people the power to connect and express ourselves more naturally. One way to do that is by kicking the Facebook name to the curb and picking up a new identity.We are at the beginning of the next chapter for the internet, and it’s the next chapter for our company too. Zuckerberg and crew clearly want to distance themselves from that as much as possible. When someone thinks of Facebook, that's now associated with online misinformation, rising addiction/anxiety among young people, and leaked internal documents showing a total lack of disregard for the public good. Over the past few years, the Facebook name has brought a negative connotation with it. Given that the metaverse is now the company's primary focus over a declining social media website, having that be the focus of the new name makes sense.Īt least that's the marketing pitch Meta's throwing out there. It's a lofty ambition that'll take years to fully develop, but it's something Facebook's putting an enormous amount of time and money behind. Instead of using apps/websites from phones, tablets, and computers, people will interact with more immersive experiences via virtual reality, mixed reality, and smart glasses.

The metaverse is Meta's vision for how people will interact with the internet over the coming decades. There are a few reasons behind this change - the most prominent of which is Facebook's (er, Meta's) focus on the metaverse. And now we have a name that reflects the breadth of what we do.' We’re still the company that designs technology around people. But all of our products, including our apps, now share a new vision: to help bring the metaverse to life. Our apps and their brands aren’t changing either.

In a letter written by Zuckerberg, the CEO explains, 'Our mission remains the same - it’s still about bringing people together. From this point forward, Facebook is going by the name 'Meta.' The Facebook social media site is staying the same, but the company behind it and everything else now bears the Meta brand. Towards the end of the opening keynote for Facebook Connect 2021, CEO Mark Zuckerberg announced what everyone was waiting for: Facebook has a new name.

Related: Facebook Refused To Stop COVID Misinformation Because It Would Hurt Traffic Likely because of a combination of all these things, Facebook determined it was time for another change. It's investing more into VR than ever before, is actively hyping up its vision for the metaverse, and criticism against the company is stronger than ever.

In late 2021, Facebook is in a much different position.

Meta meaning