Meta Platforms, a leading market-capitalization company, changed its corporate name from Facebook in 2021.
The company announced the rebrand on October 28, 2021, while keeping Facebook as the name of its social-networking service. The new corporate identity was intended to reflect a broader collection of products and a strategic focus on building the metaverse.
Meta's family of major platforms includes Facebook, Instagram, WhatsApp, and Messenger. The company also develops virtual- and augmented-reality hardware and software through its Reality Labs division.
The name change did not erase the Facebook brand or alter the company's basic stock-market identity immediately. Meta's Nasdaq ticker remained META after changing from FB in 2022. This distinction is useful: a corporate rebrand, an app's name, and a stock ticker can all change at different times.