During Connect 2021, Meta CEO Mark Zuckerberg unveiled Meta, a new company brand that consolidates our apps and technologies. With a primary focus on bringing the metaverse to life, Meta aims to facilitate connections, foster communities, and empower businesses in this new digital realm. Let us dig in deep more about the company and its invention:
The metaverse
The metaverse represents a fusion of online social experiences, sometimes extending into three dimensions or manifesting in the physical world. It enables individuals to share immersive encounters with others, bridging the gap when physical togetherness is not possible and enabling activities beyond the constraints of the physical realm. The metaverse is the next phase in the evolution of social technologies, marking an exciting new chapter for our company. Mark elaborated on this vision in a letter addressed to the founders.
Our annual Connect conference serves as a gathering for augmented and virtual reality developers, content creators, marketers, and enthusiasts to celebrate the progress and growth of the industry. This year’s virtual event explored the potential experiences within the metaverse over the next decade, encompassing social connections, entertainment, gaming, fitness, work, education, and commerce. Additionally, we introduced new tools to aid metaverse development, such as the Presence Platform, enabling novel mixed reality experiences on Quest We also announced a significant $150 million investment in immersive learning, aimed at training the future generation of creators.
For a comprehensive overview of the Connect keynote and to delve deeper into the boundless opportunities the metaverse offers, visit meta.com. You can also gain insights into our journey of developing the Meta brand over the past months by exploring our design blog. To stay updated with all our latest news and announcements, browse through the posts below.
It is important to note that our corporate structure remains unchanged, although there will be alterations in how we report our financials. Starting from the fourth quarter of 2021, we plan to present results under two operating segments: Family of Apps and Reality Labs. Additionally, as of December 1, we intend to commence trading under a new stock ticker, MVRS, which we have reserved. It is crucial to emphasize that today’s announcement does not impact the manner in which we utilize or share data.
What is Meta?
Meta is a technology company dedicated to creating tools that foster connections, facilitate community building, and fuel business growth. Since Facebook’s inception in 2004, it has revolutionized the way people connect, with subsequent apps like Messenger, Instagram, and WhatsApp empowering billions of individuals worldwide. Now, Meta is pushing the boundaries beyond traditional 2D screens, embracing immersive experiences such as augmented and virtual reality, as we strive to shape the next evolution in social technology.
Wrapping up
In the ever-evolving landscape of technology and social connectivity, Meta emerges as a transformative force with its vision for the metaverse. By consolidating its apps and technologies under one brand, Meta aims to revolutionize the way people connect, explore communities, and conduct business. With a focus on immersive experiences and the potential of augmented and virtual reality, Meta is poised to shape the future of social technology and unlock new possibilities for global engagement.