What Would You Call It? Facebook Reportedly Planning To Rebrand With New Name

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What Would You Call It? Facebook Reportedly Planning To Rebrand With New Name

As the tech giant comes under fire from regulators around the world over its business practices, Facebook is reportedly planning to change its name, according to a report by The Verge.

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A source with direct knowledge of the matter tells the news site that Mark Zuckerberg or the company will plan to announce the new name next week. Facebook wants to be known for more than social media.

From the Verge:

“I’m told that the new Facebook company name is a closely-guarded secret within its walls and not known widely, even among its full senior leadership. A possible name could have something to do with Horizon, the name of the still-unreleased VR version of Facebook-meets-Roblox that the company has been developing for the past few years. The name of that app was recently tweaked to Horizon Worlds shortly after Facebook demoed a version for workplace collaboration called Horizon Workrooms.”

PARIS, FRANCE – OCTOBER 06: In this photo illustration, the Facebook logo is displayed on the screen of an iPhone on October 06, 2021 in Paris, France. Frances Haugen, a former employee of the Facebook social network created by Mark Zuckerberg, told the US Senate on October 05 that Facebook was prioritizing its profits at the expense of security and the impact of the social network on young users. To support her claims, Frances Haugen draws on her two-year experience as a product manager at Facebook and on the thousands of documents she took with her last spring, grouped together under the name of “Facebook Files “. (Photo illustration by Chesnot/Getty Images)

While Facebook has not confirmed this news, a company spokesperson told CNN in response to a question about the potential name change that “(FB) does not comment on rumor or speculation.”

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