Thursday, October 28, 2021

Facebook Inc Rebrands As Meta To Stress 'Metaverse' Plan

Oakland (US), Oct 28 (AP) Facebook CEO Mark Zuckerberg said his company is rebranding itself as Meta in an effort to encompass its virtual-reality vision for the future what Zuckerberg calls the metaverse. Sceptics point out that it also appears to be an attempt to change the subject from the Facebook Papers, a leaked document trove so dubbed by a consortium of news organizations that include The Associated Press. Many of these documents, first described by former Facebook employee-turned-whistleblower Frances Haugen, have revealed how Facebook ignored or downplayed internal warnings of the negative and often harmful consequences its algorithms wreaked across the world..

from Top Business News- News18.com
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