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And we will discuss the most recent news of all time, Facebook's transformation into Meta. The logo will change too, into a blue M.
The parent company has decided to try on the concept of Metaverse, a universe consisting of different concepts combined together. For now, Facebook is thinking about incorporating some elements into the network, Blockchain, AR (Augmented Reality), VR (Virtual Reality), and cryptocurrencies.
According to Mark Zuckerberg, these technologies can play a crucial role in people's lives, and of course, their social media usage.
People can use holographic images, or use virtual objects in the real world. The technology is not in the market yet, and we don't know how long will it be before it becomes true.
The metaverse is a project envisioned by Facebook, a long time ago. The plan was formulated accordingly; till now, we have seen countless articles on it.
Recently in a video, Mark Zuckerberg announced the news and asked people to support this endeavor. He stated that the company will not stop what they are doing right now, but is planning to expand on it.
However, he did not lay any clear objectives or plans in this video. It's just some promises of delivering something extraordinary, but nothing much than that.
This has caused a spark among people, both critics, and supporters. Supporters, well obviously, buy into this thing, while the other section doesn't.
This section tells that Facebook is trying to shed it's name from recent controversies and criticism. We had seen some disruptions in the services, and the massive outroar it has seen.
We also came to know about some shady details about practices within the organization. The whistleblower is allegedly a high-ranking official, but we are again not sure about the truth.
The supporters are not seeing anything wrong with the news. They have drawn parallels to the incident of Google and Alphabet Go.
While the search engine is still known by the well-known name, it's parent company has changed the name to Alphabet Go. The Facebook app will not have any name change for now, but the parent company will have the name change.
We are eagerly waiting to see what happens next and will get back to you real soon.