Facebook Plan To Rebrand Name To Meta

[Gozie51]

Let’s be clear. From what I can see, it’s the company and not the platform whose name is changing.
I believe that it’s because they don’t want their name and branding tied only to one of their platforms - especially as they gain more assets under their umbrella.
I hope this makes sense.

Of course it is the name that Zugerberg is changing if you have watched the interview yesterday. The purpose, technology and mission still remain the same but there is something to a name because it will now have a new logo and identity. You don't rebrand without changes either in the name, identify , technology and mission.

[dothebeats]

The damage has been done and the world already knows how Facebook operates behind the veil. No matter how many name changes they undertake, those who knew of their doings will always bring up the past that they are trying to bury by using the 'metaverse' and other buzzwords to sway people off of the controversies they're still tied to. While their technology, the innovations, and other such accomplishments helped shape the current world, Facebook (Meta), as a company, IMO, is still nefarious at its core.

[fiulpro]

Rebranding would not work until and unless they solve the issues that are already happening within the company, one have to understand the fact that privacy is a big issue for most of us and thus if they couldn't even take care of that sector then how could changing the symbol to infinity?? Or changing the name of the company work?? I do believe they should take responsibility of what they have done, keep the same old name and make improvements first.
Their business model is still the same old one, it being slowed down a couple of times is something that showed how bad they are struggling, they must be investigated first since we do not know how deep rooted their probelms are.

[el kaka22]

This was something that they needed for a long time. It was a weird situation to have both facebook website and also the general company called facebook as well, just like google changing to alphabet, they needed a change. Sure meta could be something that is a lot more futuristic in the metaverse world, and we are going to see metaverse probably getting a lot more attention because of this in the near future as well.

However this was probably not just done because of that name, it was probably something they considered for a long time. I am expecting Musk to do something similar as well, I do not know if it is possible but tesla+spacex+solarcity all seem like great business' that could gain a lot of power if they could get together. With such a power, dude could basically just rule them over all together in one headquarters as well.

[mk4]

This was something that they needed for a long time. It was a weird situation to have both facebook website and also the general company called facebook as well, just like google changing to alphabet, they needed a change. Sure meta could be something that is a lot more futuristic in the metaverse world, and we are going to see metaverse probably getting a lot more attention because of this in the near future as well.

However this was probably not just done because of that name, it was probably something they considered for a long time. I am expecting Musk to do something similar as well, I do not know if it is possible but tesla+spacex+solarcity all seem like great business' that could gain a lot of power if they could get together. With such a power, dude could basically just rule them over all together in one headquarters as well.

Pretty much. Everyone's speculating that it's to sort of clean their name's bad reputation or something; I think everyone's just overthinking it. It's simply just a re-brand due to their main umbrella company now having multiple(and increasing number) of brands.

[Sterbens]

So far it's because the news is still new and we haven't gotten the gist of the result of changing the name or something to Meta. Too confusing and still waiting for the program and things that might have an impact after the launch on the first day.

However, responding to the pros and cons certainly presents a lot of speculation, whether it has an impact on technological developments and there is a shift in growth in cryptocurrency or it doesn't exist at all.
What is certain is that behind all this, there is a further development goal to be achieved as a form of adapting today's technological intelligence.

So, until this moment we haven't seen any impact on social media, especially Facebook itself, is there a complete overhaul or maybe the level of business that will be inserted later? maybe

[Argoo]

 Zuckerberg wants to build his empire again. He has already been given a hand with his Libra once. This is a continuation of the same story. He again wants his Facebook to unite not only the social network but also online games, stablecoin and cryptocurrency. He has already released the Novi wallet and wants to use his Diem stablecoin there. However, five US senators have already sent him a letter demanding that Novi be closed. No, I don't think Zuckerberg will succeed. He may be able to rename Facebook. But not more.

[Gyfts]

I would never use these sort of social media platforms and generate an account to upload my information so it can be input into a data center somewhere and be sold to advertisers, but that being said, Facebook is the only platform that is even attempting to allow free speech. They do a poor job but put in more of an effort, relatively speaking, than twitter does, But they cannot escape their PR woes, and they are trying to combat the calls for regulation of outright censorship of any "inconvenient" speech.

Rebranding "facebook" and their and operating their subsidiaries under "Meta" is an appropriate business move. Letting Facebook take on government regulators and while keeping other entities away from the political flames is smart.

[dbc23]

Nothing will really change despite the rebranding since it's still the same set of developers and  even with a new concept or idea their users will find it quite difficult to adapt and even they do it would take time. To me the rebranding isn't necessary

[stompix]

This was something that they needed for a long time. It was a weird situation to have both facebook website and also the general company called facebook as well, just like google changing to alphabet, they needed a change.

The change is actually minimal, it's even less than what happened when Google created Alphabet, this is just a name change, with google it was a restructuring process that did a few changes making Google inc an actual subsidiary, it was a move to prepare for a lot of incoming lawsuits.

This one is just marketing, they are trying to create the impression the parent company has a lot more stuff going on and that the troubles with Facebook are not really that serious nor could they completely harm the entire holding. But in reality, Facebook is the moneymaker if that goes down there is no way for Instagram or Whatapp to compensate for this and they are probably using this name change to avoid a chain reaction if some more bad things.
But just as the Alphabet change didn't matter to the average Joe neither will this name change, the ones using Facebook will keep using the ones hating it will still do, nobody is forcing you to use it, I've always wondered why the poeple who are most pissed at FB are the ones that claim to never have an account on it.

Anyhow, nothing to do with crypto nor bitcoin, and won't have any impact on anything related to bitcoin.

[FanEagle]

I just saw a news on Instagram where Mark Zuckerberg was talking about this Metaverse. I thought that it was going to be maybe another platform and an application that they want to create, I didn’t know that the company had a plan to change its holding name to Metaverse.

Anyways, I can’t really tell what's their plan with changing their name, but whatever it is, I think it would be best for them to focus on the crisis that they are having and listen to the people, and then look for solutions to the problems that they’re having now and try to fix it. Running and hiding is not going to be the solution to any problem that they may be having now, because even if they should change their name, as long as that same issue remains to be there, they are always going to face this same crisis that they are facing now in the future.

[24Kt]

Nothing will really change despite the rebranding since it's still the same set of developers and  even with a new concept or idea their users will find it quite difficult to adapt and even they do it would take time. To me the rebranding isn't necessary

We will know such impact after few months of implementation. Maybe, at first, some will criticize the change but later on, they will just accept it. People can easily adapt to change. Anyway, they can't do anything much about it, right?

So wondering upon logging in to your fb, are they going to direct you to a new site, meta?

[magneto]

I think that this move was very carefully thought out and runs deeper than people believe.

There are speculations that facebook is doing this to separate their assets from their original brand to be able to preserve them under another limited liability corporation. With all due respect, I wouldn't be surprised if this was actually the case.

Hopefully this is a starting point for mainstream adoption of Metaverse technology though which is something crypto is going to be at the forefront of.

[Kasabus]

I think that this move was very carefully thought out and runs deeper than people believe.

There are speculations that facebook is doing this to separate their assets from their original brand to be able to preserve them under another limited liability corporation. With all due respect, I wouldn't be surprised if this was actually the case.

Hopefully this is a starting point for mainstream adoption of Metaverse technology though which is something crypto is going to be at the forefront of.

Hopefully. Its new name Meta might open more opportunities for crypto to be more acknowledged from its beginning until it will become a mainstream. Not just for Meta alone, but even for all social media platforms that have been very helpful to spread the news about crypto and luckily, also gain positive feedbacks.

However, this new name Meta from Facebook Inc. has its new plan and will focus more on the metaverse. Mark said that the decision was made to "reflect who we are and what we hope to build" refers to the company's new plan. I guess this is something that we should look forward to as it entails better visions compared to its previous name. And i hope crypto will be a part of it.

[2double0]

Facebook and its subs WhatsApp and Instagram have been both under the question of leaking users' data and selling them. Rebranding its name to 'Meta' proves that they are diverting people's attention by bringing the subject of Metaverse between what they were facing. Zuckerberg claimed somewhere that this (Metaverse) had been a long-thoughtabout subject since over a decade so he wanted to bring virtual reality in Facebook but the reality is, he stole the idea of Facebook then and now trying to steal Metaverse.

[Zilon]

The metaverse intends bringing a real world experience to the internet. It's going to be an improvement on what the social media has always been with job opportunities, business network on a more advanced scale. The only difference between the physical event and the online option is the wide range of people that could be networked with over the app

[Rikafip]

Pretty much. Everyone's speculating that it's to sort of clean their name's bad reputation or something; I think everyone's just overthinking it. It's simply just a re-brand due to their main umbrella company now having multiple(and increasing number) of brands.

+1

Pretty much the same thing (AFAIK) happened in 2015 when Google changed the name to Alphabet as they were expanding the business. That name didn't stick though (at least I never heard anyone calling parent company "Alphabet) and I guess it might be the same thing with Facebook.

[Anonylz]

Hopefully. Its new name Meta might open more opportunities for crypto to be more acknowledged from its beginning until it will become a mainstream.

You are missing the point, crypto don't need Facebook to be relevant, not in this present time, if we are talking 5 years back I would agree but now in 2021, not anymore,  the reverse is the case here, Facebook with all it's attempt to launch libra failed at it and keep pushing to gain relevance in the crypto space,
After so much brainstorming, they came up with this hoping this will pull through eventually,  at the end of it all, it won't be anything like the real crypto, so there is no way it can make crypto relevance, crypto doing that just fine without Facebook.

[Cling18]

I don't see any problem with it and in fact, the developer has the right to do whatever he wants as long as it would help in the development of their site. What important is that it's still providing a good service and wouldn't affect the function of Facebook regardless of the name that they're going to replace it.

[alpamar99]

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Seems we forget how massive of an impact Facebook has contributes to the growth of the world been one global villages. We shouldn't blame the creators of innovations that changes the world just because few people are using it wrongly. If you're blaming Mark for the fake life people are living online then you should blame satoshi for giving scammers an avenue to scam with the tendency of never getting caught.

You think without the social media the gospel of a decentralized currency, taking power from the elite and giving it back to the people would had been heard by many. Facebook and other social media did have their contributions, them been poorly manage shoudn't be used to downplay that. Let talk about smartphone, without them would we even be here today taking about a way to send money from the comfort otnour home decentralized.

Are we just going to throw away all the positivity social media has brought into the game, I don't care whatever Facebook or mark is planning, provided it increase awareness about bitcoin we're good as with time, truth always prevail.

this is the important point and i agree with what you are saying.
when one of the well-known brands is considered to be damaging or indeed poisoning young people or making them addicted to it, the blame is not on the brand because they did not create a brand with such a purpose, but indeed there are a small number of people who abuse this media to benefit themselves.
Besides that, I think it would be better if other features were added, especially in terms of privacy, because when I saw Facebook, they were still not good at filtering content and privacy.