Why Facebook became Meta ? Allied Technologies

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HOW TO UTILIZE META FOR BUSINESS- ALL YOU NEED TO KNOW ? The new world, a virtual world, which is the future, is Metaverse. It is a completely different aspect of modern technology that has left humans awestruck with its functionalities. The development simply shifted from 3 Dimensional movies that we used to watch as kids using smart glasses at multiplexes to the 3D world with different 3D models of humans. The question still remains that what is exactly metaverse and why has the biggest social media platform; Facebook has changed its course of operation along with its name. How will it affect other business ventures? Is it important for the government to consider metaverse as a completely newest aspect of technology? There are still a lot of questions remaining regarding metaverse and very little knowledge is being provided on the internet. Virtual Reality(VR) and Augmented Reality(AR) have been there in our communities for a long time now but more and more discussions about the virtual world have started right now, in 2021. Facebook is now Meta and has changed its name. This created a commotion all around the world as most of us are heavy social media users of WhatsApp and Instagram as well. This made us think that how is it going to affect our lives or change them completely. Let’s go step by step and find answers to all the questions.

Why did Facebook change its name to Meta? A simple answer would be to keep up with the changing science and improving technology. The complex answer to this needs some analysis in the field of business. Though Facebook is the largest social media platform, we cannot forget that it’s a business with Mark Zuckerberg as the name behind its existence. Metaverse on Facebook can connect you with your friend circle easily. In a very simple explanation, we can say that Meta will create a Virtual Reality World, where you are the character, whose 3D avatars will be placed and those avatars will react according to your expressions along with a lot of other things inside. Metaverse creators have taken up the responsibility to help you learn that technology has no limitations. When the founder letter was released on 28th October by none other than Mark Zuckerberg, it was claimed that now is the time to accept a new brand that depicts the future technology. Now, the business of Facebook will diverge into two different segments: One of which belongs to the family of apps and the other will be related to technology. As he explained, Meta means beyond and Facebook Company wants to move forward, beyond what we see as a possibility today. There are other speculations all around the globe regarding the reason behind the change of the name from Facebook to Meta, where some people have made claims that one of its reason is to keep the stock prices and investors in coordination as the stock prices started declining before the major announcement. But the simple statement claims that Meta is a different sci-fi world, and that’s what is the sole reason for the substitution.


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