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(Menlo Park, CA) -- Facebook's new company name is "Meta."
It's being described as a social technology company. Its purpose will be to bring people together in addition to growing businesses. The social media giant claims Meta brings its apps and technologies under the umbrella of just one brand.
In a letter, CEO Mark Zuckerberg talked about what's known as the metaverse and said folks will be able to do just about anything. That term is used to describe the future of the Internet.