Daily Current Affairs on Facebook rebrands as ‘Meta’ for IBPS RRB - Officers Exam Preparation

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Facebook rebrands as ‘Meta’

Facebook Inc. has changed its name and logo to Meta Platforms Inc. on October 28, 2021.

Highlights

  • Facebook Inc. has been renamed to Meta Platforms Inc., or Meta to reflect its commitment to develop the new surround-yourself technology called as “metaverse.”
  • However, the social network will still be called as Facebook.
  • Chief executive, senior leadership and its corporate structure are unchanged as of now.
  • Rebranding of the company is part of its big plan to develop a virtual world and to bring the “apps and technologies of company under one new company brand”.

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