Facebook’s Meta Rebranding: Logical Decision, Bad Timing

 
 

Facebook is no more, at least as it pertains to the $900 billon market cap company. Mark Zuckerberg’s company is now called Meta. Reactions to the rebranding have not been positive with most convinced the name change is a not-so-clever way to distract from ongoing fallout from the Facebook whistleblower. Others think Zuckerberg is trying to distance both himself and his other brands (Instagram, WhatsApp, and Oculus being the big three) from negative connotations associated with Facebook. 

Those entrenched in tech were reminded of Google’s Alphabet reorganization six years ago, which has not turned out to be as effective as Google envisioned. While the two events share some similarities, the differences can’t be ignored.

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