On October 28th, local time in the United States, Facebook officially announced that the company had changed its name to Meta, focusing its business on the development of Metaverse.
Facebook founder Zuckerberg issued an open letter stating that Metaverse is the next frontier, and from now on, Metaverse will be the first instead of Facebook. And all the applications and technologies owned by Facebook will be integrated into this new company brand.
At the same time, the company plans to adopt the new stock code MVRS on December 1. Zuckerberg said that the focus of Meta will be to realize the meta-universe and help people establish connections, find communities and grow businesses.
In May of this year, Facebook stated that it would transform into a meta-universe company within 5 years. In July, Facebook announced its plan, hoping that within the next ten years, 1 billion people will be exposed to Metaverse, and a digital industry will be formed, providing employment opportunities for millions of people.
It is understood that the term meta-universe originated from the novel "Avalanche" by science fiction master Neil Stephenson. The meta-universe is similar to a virtual world. By wearing headsets and VR glasses, you can find the connection terminal and use a virtual clone. Enter.
Prior to this, Facebook has begun to lay out the virtual reality (VR) field.
In July 2014, Facebook announced the acquisition of Oculus, a company that develops virtual reality products, for US$2 billion, and launched Oculus Go VR glasses in 2018.
