Which company changed its name from Facebook to Meta Platforms in 2021?

Meta Platforms changed its name from Facebook to Meta Platforms in 2021.

Facebook announced the corporate name change to Meta Platforms on October 28, 2021, and the new name took effect later that year. The Facebook social-networking service retained its name, while Meta became the parent company overseeing Facebook, Instagram, WhatsApp, and other products.

The rebrand signaled a strategic emphasis on the metaverse, a broad concept involving persistent virtual and augmented digital environments. Meta continued investing in virtual-reality hardware through Reality Labs while its family of apps remained the company’s largest business and major source of advertising revenue.

A corporate rebrand does not automatically change the underlying business or erase a former brand. Meta’s Class A shares trade under the symbol META. The company was originally incorporated as Facebook in 2004, following the launch of the social network by Mark Zuckerberg and fellow Harvard students.