Which company adopted the name Meta Platforms in 2021 after being known as Facebook?

Meta Platforms adopted its current name in 2021 after being known as Facebook.

The company announced the rebrand to Meta Platforms in October 2021. The change reflected an effort to emphasize the metaverse and the company’s broader family of products rather than identify the entire corporation with its original social-networking service.

Facebook remains the name of one major platform owned by Meta. The company also owns Instagram, WhatsApp, and Messenger. Its Reality Labs division develops virtual-reality and augmented-reality hardware and software, including the Quest headset line.

The corporate rebrand did not change the name of the Facebook service itself. Meta continues to trade publicly under the ticker META. It is regularly ranked among the world’s largest companies by market capitalization, but investors value it based on changing expectations about advertising, social media engagement, artificial intelligence, and newer computing platforms.