Facebook is reportedly planning to rebrand with a new name
Shortly after reports emerged that Facebook is planning to change its name, social media was filled with innovative – and sometimes funny – takes on how and why the US-based giant intended to rebrand itself. Facebook Chief Executive Officer Mark Zuckerberg plans to talk about the name change at the company's annual Connect conference on October 28, but it could be unveiled sooner, the Verge reported. Some Twitter users took a dig at Facebook and its CEO Mark Zuckerberg amid increasing scrutiny of its business practices, while others offered suggestions on what Facebook's new name could be.
Twitter users came up with name suggestions for a rebranded Facebook when a tech entrepreneur asked them to give “wrong” names only.
While one user suggested “Surveillance Capitalism”, another said “Yellow Pages”.
A third user said “ZUCK!”.
"Facepalm," one user said, suggesting the gesture for dismay or disappointment
Many users responded to the news with memes. Here are a few such memes:
According to a report in The Verge, Facebook was considering changing its name to reflect its focus on building the metaverse, an online world where people can move and communicate in a virtual environment. Mr Zuckerberg is likely to talk about it at the company's annual conference on October 28.
The social media giant has been accused of fuelling the spread of misinformation over factual news. So, while it is not uncommon for Silicon Valley-based companies to change their names in a bid to expand their services, it is the timing that is attracting wider scrutiny.
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