Facebook Changes its Company Name to Meta

Mark Zuckerberg (file image)

Facebook Inc said on Thursday it would rebrand as Meta, a name change that comes as the company battles criticisms from lawmakers and regulators over its market power, its algorithmic decisions and the policing of abuses on its platforms.

The tech giant said the change would bring together its different apps and technologies under one new brand. It said it would not change its corporate structure.

“Meta is helping to build the metaverse, a place where we’ll play and connect in 3D. Welcome to the next chapter of social connection,” it said in a tweet.

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