New Delhi: Social media giant Facebook is planning to rebrand the company with a new name next week. As per The Verge, the company is planning to change its name to reflect its focus on building the metaverse, according to a source with direct knowledge of the matter. The name change, which CEO Mark Zuckerberg plans to talk about at the company’s annual Connect conference on October 28, but could unveil sooner, is meant to signal the tech giant’s ambition to be known for more than social media and all the ills that entail. The rebrand would likely position the blue Facebook app as one of many products under a parent company overseeing groups like Instagram, WhatsApp, Oculus, and more. As the name change news spreads, Netizens just can't keep calm already, and are flooding the social media with hilarious memes and suggestions. Check out some amusing Twitter reactions here: The Facebook memes have begun. pic.twitter.com/Y4KpiPDRAx — G.R.S. Jackson (@GRSJacksonReal) October 20, 2021 Facebook: "If I change my name, the regulators won't be able to see me." pic.twitter.com/E9zt7Pb0Yf — Azeem Azhar (@azeem) October 20, 2021 Facebook changing its name back to The Facebook: pic.twitter.com/4atuz4S0Mv — Danny Armstrong (@DArmstrong44) October 20, 2021 imsellingyourdataverse — Naruto (@Naruto22670619) October 20, 2021 FaceDown ZuckZuck 404Space — hcharlesproject (@hcharlesproject) October 20, 2021 The Social Network — Rahul Chakraborty • ̊? ̊• (@hckmstrrahul) October 20, 2021 Timesuck Facepalm Braindrain — mordecaiholtz ??? (@mordecaiholtz) October 20, 2021 The facebook can change its name. It’s still going to be pic.twitter.com/YPn4QmDVZm — drew_in_chicago (@drew_in_chicago) October 20, 2021 #zuckit #zuckverse #Facebook dank. pic.twitter.com/GEV7fTQZQ3 — Dean (@deanmiddleearth) October 20, 2021 Facebook has been steadily laying the groundwork for a greater focus on the next generation of technology. This past summer it set up a dedicated metaverse team. More recently, it announced that the head of AR and VR, Andrew Bosworth, will be promoted to chief technology officer. Just a couple of days ago, Facebook announced plans to hire 10,000 more employees to work on the metaverse in Europe.
