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Facebook recently said it was looking to do a rebrand amidst the scandal that was caused from release of internal company documents. Today, Mark Zuckerberg announced that rebrand and it is simply Meta.
Zuckerberg has been talking about moving Facebook as a company into what he calls the “metaverse,” so, it is no surprise that he chose Meta
Source: Hot Hardware – Facebook’s Meta Rebrand Is About Its Play to Dominate The Metaverse