Zuckerberg Releases 'Founder's Letter' Explaining Why FB Changed Names to Meta

Zuckerberg said common sense metaverse would exist with others or in multiple places. Real thinking with other people is the ultimate dream of social technology. That's why we focus on it.

Tencent Technology News October 29 News, Facebook co-founder and CEO Mark Zuckerberg (Mark Zuckerberg) has changed the company name "Meta" to reflect the company's growth ambitions beyond the platform. form of Facebook news. The Connect Developers Conference announced on Wednesday that it is doing so. The new name "Meta" comes from the sci-fi word Metaverse, which describes the vision of a new company operating and playing in the virtual world.

Facebook announced on its official blog that Meta will integrate the company's apps and technology as a new company. Meta's mission is to bring the metaverse to life and help people connect, find communities, and grow their businesses.

Facebook said, "The metaverse today looks like a mix of online experiences, sometimes linked to a triangle or planned in the real world. This would make it impossible to share good experiences with others," Facebook said Together - Doing things together that cannot be accomplished in the real world is the next step in a long line of technology and new chapters in our business.”

Facebook also said the company's business model would not change after the name change, but would change the way it advertises its financial position. Starting with the fourth quarter 2021 results, the company plans to announce two operating segments: App Suite and Reality Labs. From December 1, the company's signature will change from 'FB' to 'MVRS'.

Here is the full text of Zuckerberg's "founder's letter," published Thursday.

We're the start of the next chapter for the Internet and it's the start of the next chapter for our business.

In recent years, technology has helped people connect more and express themselves. When I started Facebook, we just put posts up. With the advent of cell phones with cameras, the internet has become more visible and mobile. As connection speeds increase, video becomes a better way to share past experiences. We've gone from desktops to phones to the web, from texts to photos and videos, but it's not over.

The following platforms are more immersive: it's not just about watching, it's the internet experience that's there. We call it the metaverse and it will affect every product we create.

A good metaverse point would be your presence with other people or in multiple places. Real thinking with other people is the ultimate dream of social technology. That's why we focus on it.

In the metaverse, you can do almost anything you want. Together with your friends and family, you can work, study, play, shop, design, and realize new computing or cellular experiences that we envision today. We made a video that once explored the use of the metaverse.

In the future, you can send a message to your office immediately with the hologram without moving, to a concert with friends or with your parents in the living room. This is open for most hours wherever you are. Spend less time at work and reduce your carbon footprint when you spend more time on what matters.

Think of how many corporeal bodies today will be holograms in the future. TVs, multitasking boards, board games, and more - not just factory-made physical gear, but also holograms made by manufacturers around the world.

You can have this experience on a variety of devices. Augmented reality glasses can be in the real world, virtual reality can be fully realized, and phones and computers can be integrated into traditional platforms. It's not about spending more screen time, it's about improving the time we use.

Our mission and responsibility

Metaverse is not built by a company. It will be designed by developers and developers to create new digital technologies and applications, and will lead to more creative marketing than modern platforms and policies.

Our role in this journey is to bring change and improvement in the technology, social platform and creative tools that impact aging through the use of social media. We believe the Metaverse can create a better relationship than anything we have today, and we are committed to helping the Metaverse achieve its full potential.

As I wrote in my first letter to the developer: "We don't create services to be monetized, we are monetized to improve services."

This method works for us. We have established our business to support long-term investments, our customers have developed better services, and this is our plan.

The past five years have humbled me in many ways for me and our business. One of the main tips I've learned is that it's not enough to make a product that people love.

We are increasingly aware that the history of the Internet is not easy. Each chapter not only provides new voices and insights, but also brings new challenges, risks, and dangers to existing perks. We must work together to create the best version of the real future from the beginning.

Privacy and security should be built into the metaverse from day one. The same goes for open and cross models. This will require new governance models, as well as new technological advancements, such as support for cryptocurrencies and NFT community activities. More importantly, many people, as consumers and developers, need to help create an ecosystem that positively impacts the future.

This time it's also small because big companies like us have learned what he likes to do on different platforms. Living by their rules has affected the way I think about the tech industry. I have come to believe that consumer choice and the high cost paid by manufacturers have driven innovation and disrupted internet commerce.

We use a different method. We want to make our services accessible to as many people as possible. In other words, you should strive to reduce costs, not increase them. Our mobile application is free. Our advertising model is designed to provide businesses with the lowest cost. Our marketing tools are available at a reasonable price or cost. As a result, thousands of people love our services and hundreds of millions of businesses rely on our tools.

This is what we want to use to create our metaverse. We plan to sell the property at a reasonable price or finance more people. We'll also support side-mounting and PC streaming, giving people choice rather than forcing them to use the Quest Store to find apps or reach consumers. Our goal is to create the most creative business environment by providing cost-effective manufacturers and product development services in as many places as possible. But make sure you don't waste too much of the process.

We predict that over the next 10 years, Metaverse will have thousands of users, hundreds of millions of dollars in digital commerce, and work for millions of developers and developers.

Who we are

As we embark on this new chapter, we are thinking a lot about what this means for our business and for ourselves.

We are a relationship-oriented company. Most technology companies focus on interacting with users of technology, but we focus on developing technologies that enable people to interact.

Today we are considered a social media company. Facebook is one of the most advanced technological devices in the history of the world. It is a popular social media.

Creating social applications has always been very important to us and we still have a lot to develop. But increasing that is not what we are doing. In our genes, we want to create technology that unites people. The metaverse is a continuation of the connection between people, just like when we started the conversations.

Today, our products are linked to products to represent everything we do today, let alone in the future. Over time, I want us to see ourselves as a metaverse company and align our work and our identity with what we develop.

We have just announced that we are making significant changes to the company. We now see and publicize our business in two phases. One for the suite of applications and the other for future platforms. Our work on the metaverse is not one of them. The metaverse has knowledge of social and future technologies. It's time to broaden your horizons and embrace a new brand.

We are happy to change our company name to Meta to reflect who we are and the future we want to create.

Our position remains the same. It's to bring people together. Our applications and names have not changed. We are also a human-oriented technology company.

But all products, including apps, now have a new vision to help make that change happen. We now have a list that describes the scope of our work.

From now on, we will prioritize Metaverse over Facebook. This means that after a while you will no longer need a Facebook account to use other services. As our new products start to appear in our products, we want people around the world to start learning about Meta brands and the future we foresee.

I used to study classical literature and the word meta from the Greek word for transcendence. To me, it shows that there is always more to create and there is always the next chapter in the story. Our story begins in a dormitory and goes beyond our imagination. It has expanded into a suite of apps people use to connect with each other, find a voice, and launch world-changing businesses, communities, and movements.

I'm glad we've grown so far and look forward to what's next. What is today, beyond the confinement of screens, beyond distances and physical constraints, when we move to a place where everyone can interact with each other, the future next door where we can come together, create new opportunities and discover new things. This is the future we are all creating beyond one company.

We create something that unites people in a new way. We learned of difficult community issues and shut down the platform. Now is the time to help create new chapters with all that we have learned.

I care more than any other company in the world. If this is the future you want to see, we hope you will join us. The future is beyond our imagination.