Company Facebook it should change its name in the coming months and should give more information as early as next week amid the conference that takes place annually called Connect, according to the portal The Verge who brought us the information. But, according to the portal, the idea is just to change the name of the group that owns the social networks Instagram, WhatsApp and among others. The social network Facebook will remain with the same name, making only the company undergo changes so that people start to differentiate the company from the social network of Mark Zuckerberg.
For now, we do not know what would be the name that will be released in the coming weeks, everything happens under the covers. According to rumors, not even the big ones in the company are aware of the future name. The revelation is expected to take place even on October 28th.
Recently, the social network Facebook ended up being down for a few hours due to a global crash that affected all the other networks in the group, such as Instagram and WhatsApp. Also, Mark Zuckerberg's company has also received complaints from former employees, including one about how the company conducted its agorythm for children and teenagers. Amid these problems, the company decides to change its name to escape the bad reputation of its own social network.
More about Facebook Inc
Facebook, Inc. is an American technology and social media conglomerate headquartered in Menlo Park, California. It was founded by Mark Zuckerberg, along with his roommates and Harvard students who were Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes, originally as TheFacebook.com – now FB, a popular global social networking site. Fb is one of the most valuable companies in the world. It is considered one of the top five technology companies, along with Microsoft, Amazon, Apple and Google.
Facebook offers other products and services in addition to its social networking platform, including FB Messenger, FB Watch and Facebook Portal. It also acquired Instagram, WhatsApp, Oculus VR, Giphy and Mapillary, and has a 9,9% stake in Jio Platforms.
In May 2019, FB founds Libra Networks, supposedly, in order to develop its own cryptocurrency. In recent developments, it has been reported that Libra is being supported by companies such as Visa, Mastercard, PayPal and Uber. In addition to the cryptocurrency, a cryptocurrency wallet (initially called “Calibra”, changed its name to “Novi”) and a network of cryptocurrencies are also under development. In December 2020, Facebook changed the name of its cryptocurrency from “Pound” to Diem.