Facebook is reportedly changing its name - NewsBreak

Facebook is rebranding and changing its company name as soon as next week, according to The Verge. Apparently, the social media giant will have a new name that will reflect its focus on creating a metaverse. It's also possibly connected to its unreleased social virtual reality world called Horizon Worlds. The social network itself will likely retain the Facebook branding and will be under a new parent company, along with Instagram, WhatsApp and Oculus. That would be similar to what Google did in 2015 when it put its various projects and divisions, along with itself, under its parent company Alphabet.