Meta sounds like the Hebrew word for “dead,” but the company isn’t dead and its assets haven't been seized, contrary to a recent Instagram post.
to life and help people connect, find communities and grow businesses," the statement said.that the rebranding reflects how Zuckerberg"plans to refocus his Silicon Valley company on what he sees as the new digital frontier, which is the unification or disparate digital worlds into something called the metaverse.
", refers to"a variety of virtual experiences, environmental and assets that gained momentum during the online-everything shift of the pandemic."that the name change came as the company was trying to"distance itself from a social-media business embroiled in crisis and rebrand itself as a forward-looking creator of a new digital world."of Meta as its founder, chairman and chief executive officer. The company’s assets haven’t been seized, and it’s not dead.