What will Facebook’s new name be? The social giant, amid one of the worst PR crises in its 17-year history, is expected to announce a new name before the end of the month, according to a repo…
The social giant, amid one of the worst PR crises in its 17-year history, is expected to announce a new name before the end of the month, according to aFacebook’s new name is supposed to reflect CEO Mark Zuckerberg’s
positioning of the company as moving beyond social media — into a developer of virtual “metaverse” experiencesZuckerberg plans to talk about the new name at the Facebook Connect conference on Oct. 28, but the new corporate name could be announced before then, according to The Verge report. Facebook is scheduled to report third-quarter earnings on Monday, Oct. 25, after the market closes.
Conveniently, a corporate name change would give Facebook the opportunity to introduce a new narrative about itself amid intense scrutiny from lawmakers and regulators about its alleged harms. Facebook’s business practices have drawn an even bigger spotlight after recent accusations by an ex-employee
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