According to reports, Facebook is rebranding

According to reports, Facebook will announce its rebranding at its annual Connect conference next week. edgeSimilar to the way Google became Alphabet, this move clearly aims to cover all of Facebook’s growing interests, in addition to Facebook’s social media platform, but also Oculus VR, Instagram, and WhatsApp.

In addition to all these brands, the new name-whatever it is-will also include CEO Mark Zuckerberg’s growing interest in building a meta universe. According to reports, the company plans to hire up to 10,000 employees in Europe to build this meta-universe. CNNIn July, Zuckerberg told The Verge that he believes the company “will effectively transform from what people think we are primarily a social media company to a Metaverse company.”