Planning to Rename Facebook, Facebook latest update, Facebook new name

 Planning to Rename Facebook, Facebook latest update

Facebook Update, the world's most used social site. Facebook founder Mark Zuckerberg will make the decision after talking to his team about the name change at the company's annual conference on October 28, according to a report. Rebranding of feature Facebook's social media app as one of many products under a parent company that's ll' oversee Instagram, WhatsApp, Oculus and others.

According to the report, the site's rebranding initiative will reflect Facebook's focus on building an so-called Metavers, an online world where people can use a variety of tools to move and communicate in a virtual environment. Facebook has invested heavily in virtual reality (VR) and augmented reality (AR) and plans to connect its nearly one billion users through a variety of devices and apps. Yesterday, Facebook's management said it was building a new "Metaverse" Internet system that would provide 10,000 jobs in Europe over the next five years.