Facebook is reportedly changing its name because it wants to be known for its 'metaverse' focus

Facebook CEO Mark Zuckerberg on stage at an Oculus developers conference in 2016.
Glenn Chapmann/AFP via Getty Images
Facebook is planning to rebrand the company with a new name, The Verge reported Tuesday.
The name change aims to recast Facebook as focused on building a "metaverse."
Facebook could unveil the new name within the week, according to The Verge.
Facebook is planning to change the name of the company next week, The Verge reported Tuesday evening.The new name will aim to recast Faceb