Mark Zuckerberg renamed its social network Facebook to Meta; under this new brand, Zuckerberg assured that they would combine all their apps and technologies.
The primary goal of this new brand is to help people connect, find communities and grow businesses; in short, they aim to bring the Metaverse to life. Meta will include Facebook, WhatsApp, and Instagram, in addition to other projects like Quest, Messenger, and Horizon.
Just like Google that did with Alphabet in 2015, Facebook also repeated the same phase with Meta. With Meta, Facebook tried to reflect its new bet and introduced an infinity symbol which represents the primary word “M” of Meta.
To get closer to the Metaverse, Zuckerberg wants to make a clean sheet with ‘Meta’, and he named it the “Next version of the internet.”
Metaverse is demonstrated as a universe where people from their current place can present anywhere in the world virtually through Virtual and Augmented Reality (AR). One of the models of the Metaverse is Facebook Horizon; it’s a kind of ‘Second Life’ in virtual reality.
Mark Zuckerberg stated:-
“Meta builds technologies that help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram, and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology.”
Here are the key features of Metaverse:-
Apart from this, to train the next generation of creators, Meta is investing $150 million. While on two operating segments, they have plans to report, and it will start with the results for the fourth quarter of 2021.
The two operating segments are:-
Moreover, Zuckerberg stressed on the possibilities of the Metaverse by showing users different introductory and demonstration videos. Over the next decade, it’s expected that the Metaverse may reach 1 billion active users, which will generate billions of dollars and will also support the millions of creators.
You can follow us on Linkedin, Twitter, Facebook for daily Cybersecurity updates.
Some router models have identified a security vulnerability that allows attackers to bypass authentication. To exploit this vulnerability, an attacker…
Hackers often target CrushFTP servers as they contain sensitive data and are used for file sharing and storage. This makes…
DDoS attacks are a significant and growing risk that can overpower websites, crash servers, and block out authorized users with…
Hackers have leveraged an old Microsoft Office vulnerability, CVE-2017-8570, to deploy the notorious Cobalt Strike Beacon, targeting systems in Ukraine.…
In a historic move, Microsoft has made the source code for MS-DOS 4.0, one of the most influential operating systems…
A new attack campaign has been discovered to be employed by the FROZEN#SHADOW, which utilized SSLoad malware for its operations…