Facebook renames itself as Meta

Facebook chief Mark Zuckerberg has announced the parent company’s name is being changed to ‘Meta’ to represent a future beyond just its troubled social network.

Facebook changed its parent company name to ‘Meta’ as the tech giant tries to move past being a scandal-plagued social network to its virtual reality vision for the future.

The new handle comes as the company battles to fend off one of its worst crises yet and pivot to its ambitions for the ‘metaverse,’ which would blur the lines between the physical world and the digital one.

CEO Mark Zuckerberg, speaking at the company’s live-streamed virtual and augmented reality conference, said the new name reflected its focus on building the metaverse.

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