How is Meta different from Facebook?

Those plans are now coming into focus: Facebook is now called Meta, and it’s not just a social media company, it’s a metaverse company . And as the new name implies, Meta wants to win in this space, just as Facebook won in social media.

Mr Zuckerberg, Facebook’s founder and chief executive of Meta, owns about 12.8% of the company – which is still valued at more than $660bn.

Meta is the new name for Mark Zuckerberg’s business empire – a company that now extends beyond social media apps and into the design and manufacture of new technologies.

Facebook (the parent company) has changed its name to Meta, in reference tothe metaverse, which combines social media with virtual and augmented reality — this will be the company’s main focus moving forward. The social media platform will still be called Facebook and won’t be affected by the rebranding.

Mark Zuckerberg (FB/IG) is the founder, chairman, and CEO of Meta, which he originally founded as Facebook in 2004. Mark is responsible for setting the overall direction and product strategy for the company.

On Oct. 28, Facebook CEO Mark Zuckerberg announced that the company known as Facebook would be changing its name. The company, now known as Meta , will still have Facebook, Instagram, WhatsApp and Oculus VR under its control.

How many employees does Meta have? Meta (formerly Facebook Inc.) has come a long way since its humble beginnings in a Harvard dorm room. The social network had 71,970 full-time employees as of December 2021 , up from just 150 people in 2006.