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Meta Platforms Just Made a Big Move in the Metaverse

·5 min read
Meta Platforms Just Made a Big Move in the Metaverse
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When social media giant Facebook changed its name to Meta Platforms (NASDAQ: FB) in October 2021, CEO Mark Zuckerberg said in the founder's letter that the company is "at the beginning of the next chapter for the internet," a platform that would allow users to experience the internet in an immersive way instead of just looking at it. This platform is known as the metaverse. Zuckerberg pointed out that people can work, play, learn, shop, or collaborate within the metaverse through their virtual avatars irrespective of where they are located across the globe.