FACEBOOK has revealed a new company name and brand, Meta.

The move is designed to represent the firm’s broadening business portfolio beyond social networking, particularly as it pushes on with plans to develop the so-called metaverse, an online world where people can meet, play and work virtually, often using VR headsets.

But it also comes amid a string of controversies that have followed the company’s various ventures, particularly the main Facebook platform, Instagram and WhatsApp.

While the wider company name is being rebranded to Meta, the core Facebook service will remain unchanged.

READ MORE: Facebook rebrands wider company as Meta amid string of controversies

Mark Zuckerberg has revealed a first glimpse of what Facebook’s new Metaverse will look like.

The Metaverse is essentially the internet in 3-D, an online world in which people can meet, play and work virtually, often entering this world using virtual reality headsets.

Facebook boss Zuckerberg has described it as being a place where rather than just viewing content “you are in it”, and as an early example has used the idea of people watching a concert video on their smartphone but then jumping in it using the metaverse to create the sense they are really there.

Anyone who has seen films such as Ready Player One will have a sense of what this could look like.

The National: The metaverse is an online world in which people can meet, play and work virtually. (PA)The metaverse is an online world in which people can meet, play and work virtually. (PA)

The social media platform, which also owns Instagram and WhatsApp, unveiled the new plans on a livestream from Zuckerberg’s Facebook account.
It shows the Facebook owner socialising with virtual versions of his friends in space while being able to call friends via the app’s messenger service.