MENLO PARK, Calif.,
Oct. 28, 2021 /PRNewswire/ -- Today at Connect 2021, CEO
Mark Zuckerberg introduced Meta,
which brings together Facebook's apps and technologies under one
new company brand. Meta's focus will be to bring the metaverse to
life and help people connect, find communities and grow
businesses.
The metaverse will feel like a hybrid of today's online social
experiences, sometimes expanded into three dimensions or projected
into the physical world. It will let you share immersive
experiences with other people even when you can't be together — and
do things together you couldn't do in the physical world. It's the
next evolution in a long line of social technologies, and it's
ushering in a new chapter for the company. Zuckerberg shared more
about this vision in a founder's letter.
The annual Connect conference brings together augmented and
virtual reality developers, content creators, marketers and others
to celebrate the industry's momentum and growth. This year's
virtual event explored what experiences in the metaverse could feel
like over the next decade — from social connection, to
entertainment, gaming, fitness, work, education and commerce. The
company also announced new tools to help people build for the
metaverse, including Presence Platform, which will enable new mixed
reality experiences on Quest 2, and a $150-million investment in immersive learning to
train the next generation of creators.
You can watch the full Connect keynote and learn more about how
the metaverse will unlock new opportunities at meta.com. You can
also learn more about the company's work over the past several
months to develop the Meta brand on its design blog.
Facebook's corporate structure is not changing as Meta. However,
how it reports on financials will. Starting with results for the
fourth quarter of 2021, the company plans to report on two
operating segments: Family of Apps and Reality Labs. Meta also
intends to start trading under the new stock ticker that the
company reserved, MVRS, on December
1. Today's announcement does not affect how the company uses
or shares data.
About Meta
Meta builds technologies that help people connect, find
communities, and grow businesses. When Facebook launched in 2004,
it changed the way people connect. Apps like Messenger, Instagram
and WhatsApp further empowered billions around the world. Now, Meta
is moving beyond 2D screens toward immersive experiences like
augmented and virtual reality to help build the next evolution in
social technology.
Contact
Bertie Thomson
press@fb.com / about.fb.com/news/
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