Facebook reportedly planning on rebranding itself

Local News

Facebook is reportedly planning on rebranding itself.

The new name would be focused on the “Metaverse” which the company defines as “an online world where people exist and communicate in shared virtual spaces.”

The Verge reports Facebook wants to be known for more than social media and will announce the new name next week.

Analysts said that a name change could position Facebook under an umbrella brand similar to Google and Alphabet.

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