You might be very curious to why did Facebook changed it’s name to Meta and what does it mean.
Why is it named Meta?
As you may know Facebook owns lots of others businesses like:
Because all of these technology-based businesses owned by Facebook they decided they should be called Meta. The word comes from the word metaverse which by definition: The metaverse is a digital reality that combines aspects of social media, online gaming, augmented reality (AR), virtual reality (VR), and cryptocurrencies to allow users to interact virtually. Until now they have included all of these aspects until now in all of their businesses.
What does the name suggest?
The name suggests that we should expect them to be innovative, for example to have the best VR and AR tech in the world because they are working on these for years, in some cases even decades. Also some of these types of tech to start to be cheaper since they are the first generations and there will be much better in the future.