CURRENT AFFAIRS

Detailed explanation-1: -Why the new name for Facebook? Why the choice for Meta as the new name? Metaverse, Zuckerberg said, is the new way. The Facebook CEO, who is a fan of classics, said that the word “meta” comes from the Greek word “beyond".

Detailed explanation-2: -What does Facebook’s new name name mean? Mark Zuckerberg said in his presentation that he had chosen the name Meta in part because it “reflects the full breadth of what we do and the future we want to help build”. But he also said he had chosen it as in Greek it means ‘beyond’.

Detailed explanation-3: -Although the new parent company corporate name will be Meta (which will have a new logo and corporate structure), the social media platform itself will retain the name Facebook.

Detailed explanation-4: -Meta can be used as an acronym for “most effective tactics available, ” and calling something “meta” means that it’s an effective way to achieve the goal of the game, whether it’s to beat other players or beat the game itself.

Detailed explanation-5: -Zuckerberg telegraphed that his company was going beyond today’s social networking, which Facebook has been built on since it was founded 17 years ago. Having Facebook as the corporate name when the company now owned many apps and was fundamentally about connecting people was no longer tenable, he said.