Facebook planning to change its name

                                                        Facebook - the social media company that owns Instagram and WhatsApp - seems done with its household name. According to a new report, Mark Zuckerberg-led Facebook is planning to change its name to something that will show the company’s commitment towards building a sort of metaverse of services. Simply put, Facebook does not want to be known as just a social media company anymore and the identity change might be its best bet.

HIGHLIGHTS

• Facebook CEO Mark Zuckerberg may announce the new name at the Connect conference.
• The new name will bring a new identity for Facebook's metaverse.
• A metaverse is a congregation of shared environments on the Internet.
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