Facebook S Possible Name Change Explained
This possible move mirrors what Google did in 2015 when it reorganized under holding company Alphabet to recognize the fact that it had expanded from being a search engine to a company with a variety of projects under its umbrella, The Verge noted. The Verge said that this rebrand (which could happen at the annual AR/VR-focused Facebook Connect conference on Oct. 28) could be related to the company’s ongoing efforts to build out the “metaverse,” defined by Facebook as a “set of virtual spaces where you can create and explore with other people who aren’t in the same physical space as you....