Personal Finance
What Investors Should Know About Facebook (NASDAQ: FB) Changing Name to Meta With New Ticker Symbol MVRS
By Seedly  •  October 29, 2021
If you logged in to your Facebook app this morning, you would have seen the following message: Yes, Facebook (NASDAQ: FB) as a group has changed its name to Meta. Here’s what you should know about the latest announcement and what you can expect from Facebook (or should I say Meta?) going forward… Metaverse-First, Not Facebook-First The name change was announced at the Facebook Connect 2021 augmented and virtual reality conference earlier this morning. At Connect 2021, chief executive Mark Zuckerberg introduced Meta, reflecting the company’s growing ambitions beyond social media. Zuckerberg shared that “meta” comes from the Greek word meaning “beyond”. Meta aims to bring the metaverse to life and help people connect, find communities and grow businesses. Metaverse is a term coined in the dystopian novel Snow Crash some 30 years ago. It refers to a three-dimensional (3D) immersive environment shared by multiple users, in which you...
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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