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Facebook plans to rename itself as:
  • a)
    Metaverse
  • b)
    Alphabet
  • c)
    LinkedIn
  • d)
    Clubhouse
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Facebook plans to rename itself as:a)Metaverseb)Alphabetc)LinkedInd)Cl...
Facebook plans to rename itself as Metaverse. Just like how Alphabet is now the parent company of Google, we could see a new parent company, under which Facebook, WhatsApp, Instagram, and others operate.
  • For Facebook, the ‘rebranding’ isn’t just about a switch in the company name but a reflection of the company’s growing ambitions and focus on a new area: metaverse.
  • It also signals that Facebook wants to be known for more than just social media.
  • Facebook has already announced plans to invest $50 million as part of its efforts to create a ‘responsible’ metaverse. It also plans to create nearly new 10,000 jobs in Europe as part of its ‘metaverse’ ambitions.
  • Metaverse is a parallel, virtual, world where users can have different identities, possessions and characters.
  • In the complex explanation, Metaverse is supposed to be the post-Internet world, a decentralised computing platform of sorts if you will, which is continuous, and live.
  • The metaverse is being envisioned as a new world order really, where your services could be offered virtually in exchange for other virtual assets, or Cryptocurrencies.
  • Interoperability is key to metaverse’s success.
  • Hence, option (a) is the correct answer.
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Facebook plans to rename itself as:a)Metaverseb)Alphabetc)LinkedInd)ClubhouseCorrect answer is option 'A'. Can you explain this answer?
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