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URLhttps://people.com/human-interest/facebook-plans-to-change-company-name-rebrand-report/
Last Crawled2026-04-14 16:11:03 (5 days ago)
First Indexed2021-10-20 15:18:28 (4 years ago)
HTTP Status Code200
Meta TitleFacebook Plans to Change Company Name as Part of Rebrand: Report
Meta DescriptionThe change, which Facebook CEO Mark Zuckerberg will reportedly announce next week, is expected to reflect the company's focus on building the metaverse, according to The Verge.
Meta Canonicalnull
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Facebook, Inc. is planning to unveil a new name in an effort to be seen as more than just a social media company, according to a new report. The Verge reported that CEO Mark Zuckerberg plans to announce the new name next week during the annual Connect conference on Oct. 28. The switch is expected to reflect the company's "focus on building the metaverse," per the tech news outlet. A Facebook spokesperson tells PEOPLE, "We don't comment on rumor or speculation." As a part of the rebrand, the name of the Facebook app would reportedly not change, but rather the parent company would have a new moniker. The Verge also reported that the new name is not widely known at the company, but could possibly be connected to their VR platform, Horizon Worlds , which is currently in an invite-only beta phase. Jakub Porzycki/NurPhoto via Getty Facebook's reported rebrand would come amid a period of intense scrutiny for the company, after former Facebook product manager Frances Haugen leaked internal documents to lawmakers and the Wall Street Journal . For more on Facebook planning to change its company name and other top stories, listen below to our daily podcast PEOPLE Every Day . The documents led to a WSJ series that alleged Facebook allowed the accounts of high-profile users to bypass its rules , allowing some to post material meant to incite violence or harass others; downplayed data that showed Instagram is harmful to young teens , namely girls; and made changes to its algorithm that made people " angrier ," among other allegations. After Haugan's testimony, lawmakers on both sides of the aisle agreed there was a need for new regulations to change how Facebook targets its users, according to the Associated Press . Hours after Haugen testified before a Senate Commerce subcommittee, Zuckerberg released a letter on Oct. 5, claiming that the allegations painted a " false picture of the company ." "We care deeply about issues like safety, well-being and mental health," he wrote. Earlier this month, Facebook went offline for several hours — its worst outage since 2008 . Never miss a story — sign up for PEOPLE 's free daily newsletter to stay up-to-date on the best of what PEOPLE has to offer, from juicy celebrity news to compelling human interest stories. Mark Zuckerberg. AMY OSBORNE/Getty Zuckerberg previously mentioned the company shifting focus to the "metaverse" — a word coined in a 1992 science fiction book by Neil Stephenson — during a July interview with The Verge . " The metaverse is a vision that spans many companies — the whole industry. You can think about it as the successor to the mobile internet," he said. "It's certainly not something that any one company is going to build, but I think a big part of our next chapter is going to hopefully be contributing to building that, in partnership with a lot of other companies and creators and developers." "And my hope, if we do this well, I think over the next five years or so, in this next chapter of our company, I think we will effectively transition from people seeing us as primarily being a social media company to being a metaverse company," he added. ​ The company announced on Sunday that over the next five years it plans on creating 10,000 jobs across the EU to help build the metaverse. "Facebook is at the start of a journey to help build the next computing platform," the company wrote in a blog post, referring to the metaverse as "a new phase of interconnected virtual experiences using technologies like virtual and augmented reality." "At its heart is the idea that by creating a greater sense of 'virtual presence', interacting online can become much closer to the experience of interacting in person," the company wrote, emphasizing that "like the internet, its key feature will be its openness and interoperability."
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Plans to Change Company Name in Rebranding Effort, According to Report The switch is expected to reflect the company's "focus on building the metaverse," according to *The Verge* By [Maria Pasquini](https://people.com/author/maria-pasquini/) ![maria pasquini]() ![maria pasquini](https://people.com/thmb/ouf801_vCAuA8UpR3Y64UViC618=/200x200/filters:no_upscale\(\):max_bytes\(150000\):strip_icc\(\)/Maria-Pasquini-0c994bb626354aac892025e6b64adcd9.jpg) [Maria Pasquini](https://people.com/author/maria-pasquini/) Maria Pasquini is a Senior News Editor for PEOPLE, covering Human Interest. She has been with the brand since 2017. [People Editorial Guidelines](https://people.com/editorial-policy-page-5499057) Published on October 20, 2021 11:16AM EDT Facebook, Inc. is planning to unveil a new name in an effort to be seen as more than just a social media company, according to a new report. [*The Verge*](https://www.theverge.com/2021/10/19/22735612/facebook-change-company-name-metaverse) reported that CEO Mark Zuckerberg plans to announce the new name next week during the annual Connect conference on Oct. 28. The switch is expected to reflect the company's "focus on building the metaverse," per the tech news outlet. A Facebook spokesperson tells PEOPLE, "We don't comment on rumor or speculation." As a part of the rebrand, the name of the Facebook app would reportedly not change, but rather the parent company would have a new moniker. *The Verge* also reported that the new name is not widely known at the company, but could possibly be connected to their VR platform, [Horizon Worlds](https://www.oculus.com/facebook-horizon/), which is currently in an invite-only beta phase. [**Facebook Whistleblower Reveals Her Identity, Claims Company Is 'Causing Ethnic Violence Around the World'**](https://people.com/human-interest/facebook-whistleblower-frances-haugen-reveals-identity/) Similar rebrands are not without precedent in the tech world. In 2015, Google [rebranded itself as Alphabet](https://blog.google/alphabet/google-alphabet/) ![Facebook and Instagram outage]() ![Facebook and Instagram outage](https://people.com/thmb/6vMXBefUy8ioQkTj1j90aUyMs5k=/4000x0/filters:no_upscale\(\):max_bytes\(150000\):strip_icc\(\):focal\(749x484:751x486\)/facebook-instagram-e20ed6c9ae014597b2fd918bde4e82f1.jpg) Jakub Porzycki/NurPhoto via Getty Facebook's reported rebrand would come amid a period of intense scrutiny for the company, after [former Facebook product manager Frances Haugen](https://people.com/human-interest/facebook-whistleblower-frances-haugen-reveals-identity/) leaked internal documents to lawmakers and the [*Wall Street Journal*](https://www.wsj.com/articles/the-facebook-files-11631713039). **For more on Facebook planning to change its company name and other top stories, listen below to [our daily podcast PEOPLE Every Day](https://megaphone.link/HSW1065075894).** The documents led to a *WSJ* series that alleged Facebook [allowed the accounts of high-profile users to bypass its rules](https://www.wsj.com/articles/facebook-files-xcheck-zuckerberg-elite-rules-11631541353?mod=article_inline), allowing some to post material meant to incite violence or harass others; downplayed data that showed [Instagram is harmful to young teens](https://www.wsj.com/articles/facebook-knows-instagram-is-toxic-for-teen-girls-company-documents-show-11631620739?mod=article_inline), namely girls; and made changes to its algorithm that made people "[angrier](https://www.wsj.com/articles/facebook-algorithm-change-zuckerberg-11631654215?mod=article_inline)," among other allegations. After Haugan's testimony, lawmakers on both sides of the aisle agreed there was a need for new regulations to change how Facebook targets its users, according to the [Associated Press](https://apnews.com/article/facebook-frances-haugen-congress-testimony-af86188337d25b179153b973754b71a4). Hours after Haugen testified before a Senate Commerce subcommittee, Zuckerberg [released a letter](https://www.facebook.com/zuck/posts/10113961365418581) on Oct. 5, claiming that the allegations painted a "[false picture of the company](https://people.com/human-interest/mark-zuckerberg-speaks-out-after-facebook-whistleblower-says-company-is-tearing-our-societies-apart/)." "We care deeply about issues like safety, well-being and mental health," he wrote. Earlier this month, Facebook went offline for several hours — [its worst outage since 2008](https://people.com/human-interest/facebook-back-online-after-worst-outage-since-2008/). ***Never miss a story — sign up for*** [**PEOPLE*'s free daily newsletter***](https://forms.dotdashmeredith.com/people-news-inline) ***to stay up-to-date on the best of what PEOPLE has to offer, from juicy celebrity news to compelling human interest stories.*** ![Mark Zuckerberg]() ![Mark Zuckerberg](https://people.com/thmb/dWfePQ8h3sXhAo5JV3k3P-eHBdo=/4000x0/filters:no_upscale\(\):max_bytes\(150000\):strip_icc\(\):focal\(629x149:631x151\)/mark-zuckerberg-at-f8-410f7982753d4ed8825c20f89e83acf5.jpg) Mark Zuckerberg. AMY OSBORNE/Getty Zuckerberg previously mentioned the company shifting focus to the "metaverse" — a word coined in a 1992 science fiction book by Neil Stephenson — during a July interview with *The Verge*. "[The metaverse is a vision that spans many companies](https://www.theverge.com/22588022/mark-zuckerberg-facebook-ceo-metaverse-interview) — the whole industry. You can think about it as the successor to the mobile internet," he said. "It's certainly not something that any one company is going to build, but I think a big part of our next chapter is going to hopefully be contributing to building that, in partnership with a lot of other companies and creators and developers." "And my hope, if we do this well, I think over the next five years or so, in this next chapter of our company, I think we will effectively transition from people seeing us as primarily being a social media company to being a metaverse company," he added. ​ [**Facebook-Owned Apps Back Online After Experiencing Worst Worldwide Outage Since 2008: 'We're Sorry'**](https://people.com/human-interest/facebook-back-online-after-worst-outage-since-2008/) The company announced on Sunday that over the next five years it [plans on creating 10,000 jobs across the EU](https://about.fb.com/news/2021/10/creating-jobs-europe-metaverse/) to help build the metaverse. "Facebook is at the start of a journey to help build the next computing platform," the company wrote in a blog post, referring to the metaverse as "a new phase of interconnected virtual experiences using technologies like virtual and augmented reality." "At its heart is the idea that by creating a greater sense of 'virtual presence', interacting online can become much closer to the experience of interacting in person," the company wrote, emphasizing that "like the internet, its key feature will be its openness and interoperability." 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Facebook, Inc. is planning to unveil a new name in an effort to be seen as more than just a social media company, according to a new report. [*The Verge*](https://www.theverge.com/2021/10/19/22735612/facebook-change-company-name-metaverse) reported that CEO Mark Zuckerberg plans to announce the new name next week during the annual Connect conference on Oct. 28. The switch is expected to reflect the company's "focus on building the metaverse," per the tech news outlet. A Facebook spokesperson tells PEOPLE, "We don't comment on rumor or speculation." As a part of the rebrand, the name of the Facebook app would reportedly not change, but rather the parent company would have a new moniker. *The Verge* also reported that the new name is not widely known at the company, but could possibly be connected to their VR platform, [Horizon Worlds](https://www.oculus.com/facebook-horizon/), which is currently in an invite-only beta phase. Jakub Porzycki/NurPhoto via Getty Facebook's reported rebrand would come amid a period of intense scrutiny for the company, after [former Facebook product manager Frances Haugen](https://people.com/human-interest/facebook-whistleblower-frances-haugen-reveals-identity/) leaked internal documents to lawmakers and the [*Wall Street Journal*](https://www.wsj.com/articles/the-facebook-files-11631713039). **For more on Facebook planning to change its company name and other top stories, listen below to [our daily podcast PEOPLE Every Day](https://megaphone.link/HSW1065075894).** The documents led to a *WSJ* series that alleged Facebook [allowed the accounts of high-profile users to bypass its rules](https://www.wsj.com/articles/facebook-files-xcheck-zuckerberg-elite-rules-11631541353?mod=article_inline), allowing some to post material meant to incite violence or harass others; downplayed data that showed [Instagram is harmful to young teens](https://www.wsj.com/articles/facebook-knows-instagram-is-toxic-for-teen-girls-company-documents-show-11631620739?mod=article_inline), namely girls; and made changes to its algorithm that made people "[angrier](https://www.wsj.com/articles/facebook-algorithm-change-zuckerberg-11631654215?mod=article_inline)," among other allegations. After Haugan's testimony, lawmakers on both sides of the aisle agreed there was a need for new regulations to change how Facebook targets its users, according to the [Associated Press](https://apnews.com/article/facebook-frances-haugen-congress-testimony-af86188337d25b179153b973754b71a4). Hours after Haugen testified before a Senate Commerce subcommittee, Zuckerberg [released a letter](https://www.facebook.com/zuck/posts/10113961365418581) on Oct. 5, claiming that the allegations painted a "[false picture of the company](https://people.com/human-interest/mark-zuckerberg-speaks-out-after-facebook-whistleblower-says-company-is-tearing-our-societies-apart/)." "We care deeply about issues like safety, well-being and mental health," he wrote. Earlier this month, Facebook went offline for several hours — [its worst outage since 2008](https://people.com/human-interest/facebook-back-online-after-worst-outage-since-2008/). ***Never miss a story — sign up for*** [**PEOPLE*'s free daily newsletter***](https://forms.dotdashmeredith.com/people-news-inline) ***to stay up-to-date on the best of what PEOPLE has to offer, from juicy celebrity news to compelling human interest stories.*** Mark Zuckerberg. AMY OSBORNE/Getty Zuckerberg previously mentioned the company shifting focus to the "metaverse" — a word coined in a 1992 science fiction book by Neil Stephenson — during a July interview with *The Verge*. "[The metaverse is a vision that spans many companies](https://www.theverge.com/22588022/mark-zuckerberg-facebook-ceo-metaverse-interview) — the whole industry. You can think about it as the successor to the mobile internet," he said. "It's certainly not something that any one company is going to build, but I think a big part of our next chapter is going to hopefully be contributing to building that, in partnership with a lot of other companies and creators and developers." "And my hope, if we do this well, I think over the next five years or so, in this next chapter of our company, I think we will effectively transition from people seeing us as primarily being a social media company to being a metaverse company," he added. ​ The company announced on Sunday that over the next five years it [plans on creating 10,000 jobs across the EU](https://about.fb.com/news/2021/10/creating-jobs-europe-metaverse/) to help build the metaverse. "Facebook is at the start of a journey to help build the next computing platform," the company wrote in a blog post, referring to the metaverse as "a new phase of interconnected virtual experiences using technologies like virtual and augmented reality." "At its heart is the idea that by creating a greater sense of 'virtual presence', interacting online can become much closer to the experience of interacting in person," the company wrote, emphasizing that "like the internet, its key feature will be its openness and interoperability."
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