MENLO PARK, CA—Thursday during Connect 2021, Facebook CEO Mark Zuckerberg unveiled Meta Platforms, Inc., doing business as Meta, as an American multinational technology conglomerate holding company, which brings together Facebook, Instagram, and WhatsApp technologies among others 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. Zuckerberg calls the metaverse, “the successor to the mobile internet.”
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.
The annual Connect conference brought 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.
New tools were announced 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.
MENLO PARK, CA—As elevated by the latest Intergovernmental Panel on Climate Change report, science shows that the next decade will be the defining period for dramatic emissions reductions to limit the worst impacts of climate change. Facebook recognizes the urgency of climate change and is committed to help tackle this global challenge. Earlier this year Facebook announced that our global operations are supported by 100% renewable energy and reached net zero emissions, completing the goal set in 2018. Facebook already set a new goal that in 2030, we will reach net zero emissions across not only our own operations, but also our value chain. However, the work is far from over and it is acknowledged that responsibility to help influence policy and technology will not only impact the carbon footprint of Facebook’s business, but of the global community.
Facebook supports the United States’ goal to curb emissions as set out by the Nationally Determined Contribution under the Paris Agreement. Strong, forward-thinking domestic policies that prioritize economy-wide climate and clean electricity solutions are crucial to achieving this goal. Action from both the private and public sector is needed to drive change.
Facebook appreciates the tireless effort by members of Congress to pass meaningful legislation that will enable the US to meet its global commitment. Facebook urges Congress to ensure that strong climate and clean energy provisions are passed — including those provisions currently included in the budget reconciliation bill and the bipartisan infrastructure bill. Facebook supports legislation that encourages investment into climate and clean energy to ensure that the US continues to innovate and sets our country up for success over the next decade. Federal policy must be enacted to make good on the Paris Agreement. Future generations are counting on it.
— Source: Nick Clegg, Facebook Vice President of Global Affairs
BALTIMORE, MD—For this semester’s Presidential Distinguished Speaker Series, Morgan State University is hosting a moderated panel discussion followed by questions and answers with Facebook’s Maxine Williams and Google’s Yolanda Mangolini.
The Presidential Distinguished Speaker Series was developed to bring the nation’s leading thought leaders from various professional fields of study to Morgan State University. The Series is in keeping with Morgan’s mission of serving as a leading academic resource by providing a platform for thoughtful and provocative discussions that explore the best ideas on issues that are pertinent to our students, our community, and our nation. The lectures will offer the opportunity for Q & A with the featured speakers.
Maxine Williams is the Global Director of Diversity at Facebook. In this role, she and a team of Diversity and Inclusions specialists develop strategies to attract, retain and support the growth of underrepresented people at the company. Maxine’s team works towards increasing the cognitive diversity-different ways of thinking based on people having different backgrounds, experiences and information-of all teams across Facebook. Prior to Facebook, she served as the Director of Diversity for a global law firm. Maxine graduated from Yale University before receiving her law degree with first class honors from Oxford University, where she was a Rhodes Scholar. She has worked as an attorney in criminal, civil and industrial courts in both her native Trinidad and in the U.K. at the Privy Council. She has worked with multiple international organizations on development and human rights issues and has had a parallel career as a broadcast journalist and on-air presenter. Maxine is a director on the board of the Massy Group of Companies.
Yolanda Mangolini joined Google in 2006. She currently leads Google’s global Diversity & Inclusion function. Prior to joining Google, Ms. Mangolini was Senior Vice President, Head of Strategy in the Consumer Operations division of Wells Fargo’s Consumer Credit Group. In her role, she acted as the senior strategic advisor for the 1,400 person Servicing Operations business which included Loan Servicing, Customer Service, Collections and Fraud. Her primary responsibilities included managing both the Strategic Planning function for the Servicing business, as well as the Service Quality and Intranet teams.
Ms. Mangolini also worked as a Principal at the Boston Consulting Group in New York where she worked in a wide variety of industries including Retail, High Tech, and Financial Services, and across a broad spectrum of products (including brand strategy, shareholder value management and asset productivity). While at BCG, Yolanda’s case work focused on developing e-commerce, new market entry and organizational effectiveness strategies for companies in the Financial Services and Retail industries.
Before beginning graduate school, she spent two years as a Financial Analyst in the Media, Telecommunications, & Transportation group of Credit Suisse First Boston’s Investment Banking Division.
Ms. Mangolini holds a Bachelor of Arts, summa cum laude/Phi Beta Kappa from Villanova University’s Honors/Economics program, and an MBA from the Stanford Graduate School of Business.