Think of what it would be like if Microsoft were called “Windows”, or Apple were called “Mac”. Facebook has realized that their main product does not appeal to everyone, and attaching the “Facebook” name to everything they do is not a great way forward. That’s why the Facebook name didn’t take over the Instagram or WhatsApp brands.
Let's don't fool ourselves: the only reason to change the name of the company is because "Facebook" name has many negative (and fairly earned) connotations. Every time "Facebook" (the company) launched a new product there were concerns about the privacy and invasion they do (and to me their were justified).
They want to reduce that by being able to say "Meta just created X" instead of "Facebook just created X". Let's see how far it goes...
You sound so dismissive when you put it that way but the App Store makes an absurd amount of money and Their 3 main products have to sit on top of their competitors foundations.
It makes sense for them to try to make their own and the smartphone battle is already over.
This gives us MAGMA. Like the thing that will burn you alive if you touch it.
And a 2-second 3D hologram of Freddie Mercury just popped into existence.
Close enough... https://youtu.be/pG-kdPZZwQE
Best pronounced as Dr. Evil does in the first Austin Powers movie