CEO Mark Zuckerberg plans to talk about Facebook name change at the company’s annual Connect conference on Oct. 28, 2021.
At the very first instance, the reported by The Verge, on Tuesday, citing a source with direct knowledge of the matter.
But, why Facebook name change?
The news comes at a time when the company is facing increasing U.S. government scrutiny over its business practices. Lawmakers from both parties have excoriated the company, illustrating the rising anger in Congress with Facebook.
The rebranding would position Facebook’s social media app as one of many products under a parent company, which will also oversee groups like Instagram, WhatsApp, Oculus and more, the Verge report added.
The new name would likely be similar to what Google did in 2015, naming the parent company Alphabet Inc.
‘Facebook name change’ Is this a rumour or truth…well Facebook did not respond to the statement!
Time will unfold…
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