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Parent Company Facebook Aspire To Rebrand Name focuses on “Metaverse”

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facebook metaverse
(Image: Credit The Verge / Getty Images)

Worlds No.1 social community platform Facebook is reportedly aspiring for a rebrand to its name in order to mirror its latest ventures. The company’s Chief Executive Officer Mark Zuckerberg will be poised to discuss the name transition from Facebook to “Metaverse on its upcoming annual Connect conference on October 28th.

However, recent repots speculate that the parents company rebrand will be announced much sooner than the expected. Facebook who is already the social giants to community communications holding three sub-parent company’s namely Instagram, WhatsApp and Oculus is self assured to be regarded for more than social media but as well other aspects in development.

Facebook in a public blog post stated it’s implementation for this further announcing that the company intends to create 10,000 new high-skilled jobs within the European Union (EU) over the next five years. in addition, Facebook already possesses more than the stipulated 10,000 employees thus building a consumer hardware like AR glasses.

Meanwhile, back In August this year, the social giants unveiled a test of a new virtual-reality remote work app which gives users of the company’s Oculus Quest 2 headsets access to hold meetings as avatar versions of themselves. These are intends motives to help integrate the Metaverse which Facebook sees as a vital constituent of its future.

facebook recruits 10000 tech operatives for project
Facebook Employs of 10,000 tech individuals for Metaverse

Meaning Of Metaverse

The term ‘metaverse’ refers to a digital worlds in which multiple people can interact within a 3D environment often using VR headsets. In practical terms, it means augmented and virtual reality products and services. One such world is the gaming world where players can interact with other players using avatars.

Most top big technology companies like Microsoft, Roblox and Epic are already investing in the metaverse as it is believed it’s will help unlock access to new creative, social and economic opportunities.

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Dino is a Tech Consultant. Entrepreneur, Website/Blog Developer, Graphic Designer, Blogger and Digital Marketer, he has long been freelancing for more than 4 years before starting up SmartcoreTech, during this time was writing for websites like Opera News Hub, Paulworkspace, etc. He is currently reporting on tech related contents on company's such as Apple, Google, Microsoft, Xiaomi, Facebook, Twitter etc. He also writes on Phone Reviews and Movies. When he is not writing he is working as an IT Personnel for a company in his Local. Feel free to contact him via any of the available channels present

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