Facebook's Meta change is a risky bet on a potential $1 trillion industry

México Noticias Noticias

Facebook's Meta change is a risky bet on a potential $1 trillion industry
México Últimas Noticias,México Titulares
  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Here's the real reason Facebook is changing its name to Meta and going after the metaverse

"Building our social apps will always be an important focus, but right now our brand is so tightly linked to one product it can't possibly represent everything we're doing today, much less in the future," Zuckerberg said on Thursday at the company's annual Connect developer conference.

In addition to breaking out Facebook Reality Labs into its own financial reporting unit, the company said during its third-quarter earnings call on Monday that it is giving the segment $10 billion in funding this year . The division, already at about 10,000 employees, will also get another 10,000 in Europe. Facebook's"Family of Apps," money-making products that include Facebook, Instagram, WhatsApp, and Messenger, will have its finances reported separately.

During Connect, he reiterated those comments, adding:"We expect to invest many billions of dollars for years to come before the metaverse reaches scale."

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

BusinessInsider /  🏆 729. in US

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Facebook Announces New Name: MetaFacebook Announces New Name: MetaAmid expansion plans—and an avalanche of negative press—Zuckerberg seeks a fresh start.
Leer más »

Facebook to Rebrand Company as Meta in Focus on MetaverseFacebook to Rebrand Company as Meta in Focus on MetaverseThe social-media service will retain the Facebook name even as the umbrella company readies billions of dollars in investments in its new mixed-reality platform.
Leer más »

Facebook changes its company name to MetaFacebook changes its company name to MetaFacebook is changing its company name to reflect its future ambitions and confronts wide-ranging scrutiny of the real-world harms from its various platforms after a whistleblower leaked hundreds of internal documents.
Leer más »

Facebook rebrands as Meta to emphasize ‘metaverse’ visionFacebook rebrands as Meta to emphasize ‘metaverse’ visionBREAKING: Facebook has renamed itself Meta to emphasize its virtual-reality vision for the future, CEO Mark Zuckerberg says.The move comes after leaked documents exposed that the company knew about the harms its products cause.
Leer más »

Facebook goes Meta: Zuckerberg announces major restructuringFacebook goes Meta: Zuckerberg announces major restructuringNEW: Facebook introduces Meta: Zuckerberg announces major restructuring amid scrutiny about internal practices.
Leer más »



Render Time: 2025-03-09 08:58:43