Which company changed its name from Facebook to reflect its focus on the metaverse?

Meta Platforms changed its name from Facebook to reflect its focus on the metaverse.

Facebook announced the corporate rebrand to Meta Platforms in October 2021. The company kept Facebook as the name of its social-networking service, while the new parent-company name signaled a broader strategy involving virtual and augmented reality.

Meta’s major platforms include Facebook, Instagram, WhatsApp, and Messenger. Its Reality Labs division develops virtual-reality hardware and software, while the Family of Apps division remains the main source of revenue.

The name change did not create a new public company or erase Facebook’s stock-market history. Meta continued trading under the ticker symbol META after previously using FB. Its market capitalization therefore remained tied to the same corporate group, even though the parent’s public identity changed.