![]() The metaverse will feel like a hybrid of today’s online social experiences, sometimes expanded into three dimensions or projected into the physical world. Meta (previously Facebook) is a tech and social media conglomerate and Meta’s focus will be to bring the metaverse to life and help people connect, find communities and grow businesses. New “Meta” About Page and Investor Relations.MVRS, Facebook’s New Ticker Symbol, Leaves FAANG in Flux – The Wall Street Journal (WSJ).Designing our new company brand: Meta – Octoby Facebook Design (now Meta).Introducing Meta: A Social Technology Company – Octoby Facebook (now Meta).Here is a list of quick links if you would like to explore a little more – A very smart move indeed and a great news for FB investors thats why the stock jumped on the day of the rebrand announcement as it carries positive emotion for the company. And now FB is Meta and Meta is an social, technology, advertising and metaverse company see how the perception changes and helps, plus when it comes to the regulators Meta can say they have a lot of competition cause their parent company competes in so many different ways or industries (like Meta’s branding talks a lot about Metaverse and virtual reality and as we know FB is already quite invested in VR given their investment in Oculus + plus they are making a new 150 million dollar investment in immersive learning) justifying they are not a monopoly since they own little market share of this huge competitive landscape (just as Google did with there rebrand to Alphabet couple years back). ![]() A recent dns outage at facebook lead to people being unable to communicate and where forced to go on long forgotten Birdy “Twitter” to complain. They don’ t want to look like a social monopoly and get regulated in some negative way, think about it they own all the major social platforms of today – Facebook, Whatsapp and Instagram.It’s all about perception – when the company is called Facebook people perceive it as the core and if FB comes under fire the rest of the businesses can feel the heat but this way having a parent company “Meta” that perception is gone. Facebook is constantly under fire for several reasons like privacy, elections, etc.In their Design story FB mentions reasoning for choosing Meta as the name is the the fact that “Meta” can mean “beyond” and it’s an reminder that there is always more to build.īut in a nutshell what they are trying to do is reducing their businesses dependency from one product since they now own a couple including Whatsapp, Istagram and Oculus. Over time, I hope that we are seen as a metaverse company, and I want to anchor our work and identity on what we’re building toward.” -Mark Zuckerberg, 2021, Source: Why the name “Meta” ? “Right now, our brand is so tightly linked to one product that it can’t possibly represent everything that we’re doing today, let alone in the future. This is a recent statement from Mark discussing their over dependance on one product. ![]() For every 1 share of FB you should receive one share of MVRS. There should not be any change to the number of shares you own given the company has not done any stock split. How many shares of Meta will Facebook investors get ? ![]() This is a simple rebrand of the company name and branding and ticker symbol change should not affect your investments, the ticker will update on the Nasdaq stock exchange and the change should automatically also reflect in your brokerage account. ![]()
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