The Facebook Company rebrands by changing its name to ‘Meta’

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.

Source and photo: Meta


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Facebook Supports Climate and Clean Energy Provisions in the Budget Reconciliation Bill

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.

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Students using new tablet PCs for homework and STEM projects

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


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