Facebook’s new name draws critics, but at least it’s not Tronc

A tweet Scoble surfaced referred to Zuckerberg’s presentation as ‘buzzword vaporware’. — Bloomberg

The company that runs the world’s largest and most controversial social network has a new name. The reactions ranged from “like” to “angry emoji face”.

On Oct 28, Facebook Inc co-founder and chief executive officer Mark Zuckerberg led a 90-minute video presentation about the company’s efforts to build out an immersive digital world known as the metaverse. He capped it off by sharing that his company will henceforth be known as Meta. Its social media services – Instagram, WhatsApp and Facebook itself – will keep their names, but starting in December the company will begin using the stock ticker MVRS.