Amid criticism, the company rebrands as Meta.
Facebook CEO Mark Zuckerberg says the company is rebranding itself as Meta.
Zuckerberg says the chance is being made to help the company embrace its virtual-reality vision.
He says the metaverse is a "virtual environment" where people can meet, work and play, using devices such as smartphone apps, virtual reality headsets or augmented reality glasses.
The company's new ticker symbol, MRVS, will take effect December 1st.
This comes after the release of the Facebook Papers, a document, indicating the company ignored warnings of the negative impact of its algorithms.
Facebook has also been in hot water as of late after a whistleblower told the Wall Street Journal that the company's media networks are spreading hatred and misinformation around the world.
Man Wanted on Child Porn Charge
NIagara Health Advises on Cold and Flu
Upper Canada Long-Term Care Closes
School Bus Driver Charged with Sexual Assault
NRP Recover Over $300,000 in Stolen Property
NRP Juggling Budget for Domestic Violence
Cell Phone Users Busted at RIDE Checks
Police Looking for Missing Man