Facebook is planning to rebrand itself with a new name focused on the metaverse, the Verge reported on Tuesday
London , as the tech giant comes under fire from regulators around the world over its business practices.
The company plans to announce the new name next week, the Verge reported, citing a source with direct knowledge of the matter. Facebook wants to be known for more than social media, according to the tech publication.Facebook does not comment on rumor or speculation, a company spokesperson said in response to a question about the potential name change.In addition to its flagship social media network, Facebook also owns Instagram and WhatsApp.
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