Facebook is reportedly getting a new name next week
(Android Central)

The social networking giant wants to create a new identity as a `metaverse company.` What you need to know Facebook is said to be planning to change its name to `reflect its focus on building the metaverse.` The change could be announced as soon as next week. The rebranding could lead to the creation of an umbrella company that would oversee the Facebook app, Instagram, WhatsApp, Oculus, and more. Facebook has decided to change its name to better reflect its focus on `being a metaverse company,` according to The Verge. The social networking giant is expected to detail the change at its annual Connect Conference on October 28, but an announcement could happen sooner. The report suggests Facebook`s new name may have something to do with Horizon, which is the name of its social VR platform. The app`s name was changed to Horizon Worlds earlier this month. A source familiar with the matter told the publication that the rebranding is meant to `signal the tech giant`s ambition to be ...