Facebook is planning to change its name, report says

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Facebook is planning to rebrand itself with a new name focused on the metaverse, the Verge reported on Tuesday, as the tech giant comes under fire from regulators around the world over its business practices

, citing a source with direct knowledge of the matter. Facebook wants to be known for more than social media, according to the tech publication.

The name change may reflect Facebook's direction. The metaverse refers to efforts to combine virtual and augmented reality technologies in a new online realm. A rebranding could be part of an effort to overhaul Facebook's reputation following a tsunami of bad news linked to misinformation on its platforms, content moderation failures and revelations about the negative effect its products have on some users' mental health.

 

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