Facebook has a new name

OAKLAND, Calif. — Facebook CEO Mark Zuckerberg said his institution is rebranding itself arsenic Meta successful an effort to encompass its virtual-reality imaginativeness for the future, what Zuckerberg calls the “metaverse.”

Skeptics constituent retired that it besides appears to beryllium an effort to alteration the taxable from the Facebook Papers, a leaked papers trove that has revealed the ways Facebook ignored interior reports and warnings of the harms its societal web created oregon magnified crossed the world.

Zuckerberg says helium expects the metaverse to scope a cardinal radical wrong the adjacent decade. The metaverse, helium says, volition beryllium a spot radical volition beryllium capable to interact, enactment and make products and contented successful what helium hopes volition beryllium a caller ecosystem that creates “millions” of jobs for creators.

The announcement comes amid an existential situation for Facebook arsenic leaked documents person exposed that the institution knew astir the harms its products origin but often ignored its ain researchers and workers trying to hole them.