Introducing Meta: A Social Technology Company

Today at Connect 2021, CEO Mark Zuckerberg introduced Meta, which brings together Facebook's apps and technologies under one new company brand. Meta's focus will be to bring the metaverse to life and help people connect, find communities and grow businesses.

The metaverse will feel like a hybrid of today's online social experiences, sometimes expanded into three dimensions or projected into the physical world. It will let you share immersive experiences with other people even when you can't be together — and do things together you couldn't do in the physical world. It's the next evolution in a long line of social technologies, and it's ushering in a new chapter for the company. Zuckerberg shared more about this vision in a founder's letter .

The annual Connect conference brings together augmented and virtual reality developers, content creators, marketers and others to celebrate the industry's momentum and growth. This year's virtual event explored what experiences in the metaverse could feel like over the next decade — from social connection, to entertainment, gaming, fitness, work, education and commerce. The company also announced new tools to help people build for the metaverse, including Presence Platform, which will enable new mixed reality experiences on Quest 2, and a $150-million investment in immersive learning to train the next generation of creators.

You can watch the full Connect keynote and learn more about how the metaverse will unlock new opportunities at meta.com . You can also learn more about the company's work over the past several months to develop the Meta brand on its design blog .

Facebook's corporate structure is not changing as Meta. However, how it reports on financials will. Starting with results for the fourth quarter of 2021, the company plans to report on two operating segments: Family of Apps and Reality Labs. Meta also intends to start trading under the new stock ticker that the company reserved, MVRS, on December 1 . Today's announcement does not affect how the company uses or shares data.

About Meta

Meta builds technologies that help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology.

Contact

Bertie Thomson
press@fb.com / about.fb.com/news/

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/introducing-meta-a-social-technology-company-301411358.html

SOURCE Meta

News Provided by Canada Newswire via QuoteMedia

The Conversation (0)
What is the Mobile Web?

What is the Mobile Web?

As mobile devices become more ubiquitous, the way people access the internet is changing.The world has shifted dramatically from laptops to smartphones in recent years as people switch to using mobile devices as their main mode of internet connectivity. The old practice of logging onto a desktop... Keep Reading...
Mobile Web Investing Facts

Mobile Web Investing Facts

Mobile device technology has transformed countless industries in recent years, and the ability to communicate instantly has had an unprecedented effect on business. Smartphones have evolved quickly over the last decade or so, and more people are turning to handheld devices instead of their... Keep Reading...
Rift Valley Resources Corp Announces Update to its Annual Filings

Rift Valley Resources Corp Announces Update to its Annual Filings

Rift Valley Resources Corp (the “Company”) (CSE:RVR) announces that, as a result of the COVID-19 pandemic, it will be relying on the coordinated relief provided by the securities regulators which consists of a 45-day extension for certain periodic filings, as announced by the Canadian Securities... Keep Reading...

Rift Valley Resources Corp. Announces Closing of First and Second Tranches of Non-Brokered Private Placement

Rift Valley Resources Corp (the “Company”) (CSE:RVR) announces that, further to its news release dated February 4, 2020, it closed the first tranche of its nonbrokered private placement (the “Private Placement”) issuing a total of 2,700,000 units (the “Units”) at a price of $0.05 per Unit... Keep Reading...
Rift Valley Arranges $1.4 Million Private Placement

Rift Valley Arranges $1.4 Million Private Placement

Rift Valley Resources Corp. (the “Company”) (CSE: RVR) has arranged a private placement of $1,400,000 at $0.05 cents per unit. Each unit consists of one common share in the capital stock of the company and a one-half share purchase warrant. Each whole warrant permits the holder to purchase an... Keep Reading...

ClearOne Launches Cloud-Sharing Communications Device

ClearOne (NASDAQ:CLRO), audio and visual communications company announced that it has released a new product designed for Microsoft (NASDAQ:MSFT), Zoom (NASDAQ:ZM) or WebEx devices to collaborate. Central to its system are room configuration features that allow a wide spectrum of devices to... Keep Reading...

Interactive Chart

Latest Press Releases

Related News