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Meta is shutting down Metaverse. They spent 85B dollars on it

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Re: Meta is shutting down Metaverse. They spent 85B dollars on it

#14

Post by pfannkuchen »

wduquette wrote: post #4
flw_0311 wrote: post #2

didn't they rename the company to Meta because of their investment in Metaverse.... what will the company rename itself to next?

They won't rename themselves again. They're um, "beyond" that.

If they wanted to broaden their brand association beyond the legacy product they should have dropped “book” to become Face. A bit of a stranger name than Meta I guess but it’s more historically explainable and doesn’t tie it to any specific new product that could fail.

Re: Meta is shutting down Metaverse. They spent 85B dollars on it

#17

Post by pseudohadamard »

furryrain wrote: post #10

Tech sentiment around 2022 was time was Zuckerberg was a good leader for actually setting a clear direction for his company. I'm not sure what to conclude from this.

It was? I've always thought he's just someone who will say anything to protect his stock price and... yeah, and that's about it.

Re: Meta is shutting down Metaverse. They spent 85B dollars on it

#18

Post by nchmy »

pfannkuchen wrote: post #14
wduquette wrote: post #4

Earlier quoted context omitted.

They won't rename themselves again. They're um, "beyond" that.

If they wanted to broaden their brand association beyond the legacy product they should have dropped “book” to become Face. A bit of a stranger name than Meta I guess but it’s more historically explainable and doesn’t tie it to any specific new product that could fail.

Face would be an absolutely awful name. Though, interestingly, that's what people in (at least some) Latin American countries (inexplicably) call Facebook.
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