Facebook was founded in 2004 by Mark Zuckerberg and three classmates at Harvard University at the time. Facebook went public in 2012 and has become one of the world's largest companies with a market capitalization of $964.6 billion as of Oct. 1, 2021.34 For the trailing 12 month (TTM) period ended Oct. 1, 2021, Facebook earned $39.0 billion in net inCome and $104.8 billion in revenue.4

Following the unprecedented scrutiny and widespread backlash over its business practices, the social media giant, Facebook

Facebook who disclosed this in a statement issued on its official social media pages during its annual developer conference said the new name would better “encompass” what it does now.

The company Chief Executive Officer (CEO), Mark Zuckerberg said that the parent company’s name is being changed to “Meta” to represent a future beyond just its troubled social network, adding that new name won’t affect how the company uses or shares data and the corporate structure isn’t changing.

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Please help move to front page!!!

Mark should kuku add letter L to the meta so it would be called metal.