Here is something surprising! Facebook plans to rebrand its company name. It may be a big revelation on the upcoming Facebook Connect 2021. During last year’s conference, the platform announced the $100 Million Creator Fund, VR ads, and VR headset.
In the upcoming Facebook Connect Conference this 28th of October, developers are awaiting updates about the Metaverse Project. According to a reliable source, part of Facebook’s CEO announcement will be the upcoming change of company name. It will signal the tech giant’s ambition to advance creator tools and virtual spaces. The rebrand of Facebook’s company name will also put Facebook within the level of Instagram, Oculus, and WhatsApp and no longer a parent company. Some speculate that “Meta” will be part of the new company name. Facebook now holds the right to the domains “meta.com” and “meta.org.”
Facebook plans to rebrand its company name on 20 October 2021.
Implications for Marketers:
As Facebook plans to rebrand its company name, it is a clear indication of the platform’s advances in its features and tools. Marketers should keep an eye on such developments to be on top of any marketing shifts.