wmccc
08-29

$Meta Platforms(META)$  

# Meta: Introducing the Next Evolution in Social Technology

Meta, formerly known as Facebook, is a technology company that is shifting its focus towards building the "metaverse" - a hybrid of today's online social experiences that will allow people to share immersive experiences even when they can't be together physically. [[1]](https://about.fb.com/news/2021/10/facebook-company-is-now-meta/)

The metaverse will go beyond 2D screens and expand into 3D virtual and augmented reality, enabling new ways for people to connect, find communities, and grow businesses. [[1]](https://about.fb.com/news/2021/10/facebook-company-is-now-meta/) It will allow users to do things together that wouldn't be possible in the physical world. [[1]](https://about.fb.com/news/2021/10/facebook-company-is-now-meta/)

Meta's transition to this new focus is a significant evolution in the company's history. Founded in 2004 as Facebook, the company has grown to own and operate popular apps like Messenger, Instagram, and WhatsApp. [[2]](https://en.wikipedia.org/wiki/Meta_Platforms) Now, under the new Meta brand, the company aims to lead the development of the next generation of social technologies. [[1]](https://about.fb.com/news/2021/10/facebook-company-is-now-meta/)

To support this vision, Meta has announced new tools and investments, including the Presence Platform to enable mixed reality experiences on the Oculus Quest 2 headset, and a $150 million investment in immersive learning to train the next generation of creators. [[1]](https://about.fb.com/news/2021/10/facebook-company-is-now-meta/) The company also plans to report its financials in two segments - Family of Apps and Reality Labs - to reflect its dual focus on existing social platforms and the emerging metaverse. [[1]](https://about.fb.com/news/2021/10/facebook-company-is-now-meta/)

While the corporate structure is not changing, Meta's rebranding signals a strategic shift towards building the infrastructure and experiences that will define the future of online social interaction. As the company moves beyond 2D screens, it aims to unlock new opportunities for connection, entertainment, work, and more in the metaverse. [[1]](https://about.fb.com/news/2021/10/facebook-company-is-now-meta/)[[2]](https://en.wikipedia.org/wiki/Meta_Platforms)

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Learn more:

1. [The Facebook Company Is Now Meta | Meta](https://about.fb.com/news/2021/10/facebook-company-is-now-meta/)

2. [Meta Platforms - Wikipedia](https://en.wikipedia.org/wiki/Meta_Platforms)

3. [Introducing Meta: A Social Technology Company](https://www.prnewswire.com/news-releases/introducing-meta-a-social-technology-company-301411358.html)

Meta Quest 3S Launch: Sell the News or Catch the Rally?
At its Connect conference, Meta unveiled the latest generation of its VR headset. Quest 3S will be available on October 15, with a starting price of $299, lower than the $499 starting price of the Quest 3 in 2023. A Meta representative explained that the "S" in Quest 3S stands for "Start," signifying that this device aims to make VR more accessible to the general consumer. ---------------- With Meta hitting all-time-high in yesterday's trading, would you sell the news or catch the rally of Meta?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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