# From Facebook To Meta!

Hey there👋, welcome to my blog. I don't know about you, but I am not a Facebook fanatic but I might soon become one because I love metaverse and this transition they have embarked on is a game-changer for a company that usually faces a lot of criticism.

![image.png](https://cdn.hashnode.com/res/hashnode/image/upload/v1635684933168/lOuAwYrM5.png)
Well,  ``` Metaverse``` is the main reason why this transition is happening

The name change, which was announced by Zuckerberg during the company's virtual reality and augmented reality conference Facebook Connect.

#### So What Is Metaverse?
The metaverse is a digital reality that combines aspects of social media, online gaming, augmented reality (AR), virtual reality (VR), and cryptocurrencies to allow users to interact virtually.

![image.png](https://cdn.hashnode.com/res/hashnode/image/upload/v1635684898079/ESQR-9N2-.png)
Basically, the metaverse is where the physical and digital worlds come together, a techno-utopia where people are connected and live in a virtual universe.

The term was  [coined](https://www.theverge.com/22701104/metaverse-explained-fortnite-roblox-facebook-horizon)  originally by sci-fi novelist Neal Stephenson to describe a virtual world people escape to from a dystopian, real world. Now it’s being adopted by one of the world’s largest and most controversial companies.

![image.png](https://cdn.hashnode.com/res/hashnode/image/upload/v1635686168400/zYZcRYkMD.png)
#### Is It The First Tech Company To Rebrand || Pivot?
Facebook isn’t the first well-known tech company to change its company name as its ambitions expand. 

![image.png](https://cdn.hashnode.com/res/hashnode/image/upload/v1635685570185/YPgZSf5-F.png)
In 2015, Google reorganized entirely under a holding company called Alphabet, partly to signal that it was no longer just a search engine, but a sprawling conglomerate with companies making driverless cars and health tech. 

And Snapchat rebranded to Snap Inc. in 2016, the same year it started calling itself a “camera company” and debuted its first pair of Spectacles camera glasses.


> 
"By the end of this decade, or even by the middle of the decade, I would guess that we’re going to reach a point where our VR (virtual reality) devices will start to be clearly better for almost every use case than our laptops and computers are."
![image.png](https://cdn.hashnode.com/res/hashnode/image/upload/v1635686748108/C6PFs4azB.png)
Meta Founder Mark Zuckerberg

Founder Mark Zuckerberg said Thursday that Facebook will change its corporate name to  [Meta](https://about.facebook.com/meta), effectively demoting Facebook's namesake service to being just one of the company's subsidiaries, alongside Instagram and WhatsApp, rather than the overarching brand.

![image.png](https://cdn.hashnode.com/res/hashnode/image/upload/v1635686490347/j0FYHC9QqH.png)
The company is formerly known as Facebook also said in a  [press release](https://about.fb.com/news/2021/10/facebook-company-is-now-meta/)  that it plans to begin trading under the stock ticker "MVRS" on December 1.


#### Impact
A rebranding could be part of an effort to overhaul Facebook's reputation and turn the page following a series of PR nightmares, including misinformation on its platforms, content moderation failures and revelations about the negative effect its products have on some users' mental health.

Follow the links I included here for more information.

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**Ronnie Atuhaire 🤓**