It is reported that Facebook plans to change the company nam...

It is reported that Facebook plans to change the company name next week to reflect its focus on building a "meta universe"

$Meta Platforms (FB.US)$ According to people familiar with the matter, Facebook CEO Zuckerberg plans to discuss the name change at the company’s annual Connect conference on October 28, but the relevant information may be announced sooner, which is intended to show that the technology giant has broken through the boundaries of social media. Ambition. According to reports, after the name change, Facebook itself may become one of many products under a parent company, which will be responsible for managing Instagram, WhatsApp, Oculus and other departments. Reported that a Facebook spokesperson declined to comment

Article excerpted from Reuters Financial Morning Post