Report: Facebook Planning to Change its Name

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According to a report in The Verge, Facebook is planning a name change.

The coming name change, which CEO Mark Zuckerberg plans to talk about at the company’s annual Connect conference on October 28th, but could unveil sooner, is meant to signal the tech giant’s ambition to be known for more than social media and all the ills that entail. The rebrand would likely position the blue Facebook app as one of many products under a parent company overseeing groups like Instagram, WhatsApp, Oculus, and more. A spokesperson for Facebook declined to comment for this story.

[theverge.com...]
It could be a company to oversee FB and its brands, in a similar way to Google and its parent, Alphabet.

[NickMNS]

I guess they are really getting serious about fixing their many underlying and troubling issues. Clearly the "I'm sorry" method isn't cutting it anymore. A new name provides the next method:
"But that's not us, that was "Facebook" "

I believe this is right out of the big tobacco play book,

Of course you can't forget that "Google" did this by creating some other company as it's parent. What was it called a again? Oh yes, Google's parent company, you know the one... XYZ123.

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It's rumoured to do with this "metaverse" [webmasterworld.com...]