Business 137(Sat) – Facebook changes company name to Meta

/ Business / By

Facebook changes company name to Meta

Warm up

—- * * FOR NEW STUDENTS ** ————————————— ————

  1. [responsivevoice voice = “US English Female” buttontext = “”]What industry do you work in and what is your role? [/responsivevoice]
  2. [responsivevoice voice = “US English Female” buttontext = “”]What are your responses in your role / position? [/responsivevoice]
  3. [responsivevoice voice = “US English Female” buttontext = “”]Can you describe to the function of your workplace / company? [/responsivevoice]
  4. [responsivevoice voice = “US English Female” buttontext = “”]How many departments, how many offices. National or International? [/responsivevoice]
  5. [responsivevoice voice = “US English Female” buttontext = “”]What are the minimum requirements for employment ie Education or Experience? [/responsivevoice]
  6. [responsivevoice voice = “US English Female” buttontext = “”]How many opportunities are there to ‘move up the ladder’? [/responsivevoice]
  7. [responsivevoice voice = “US English Female” buttontext = “”]What is the process for changing job roles ie Interview? Test? [/responsivevoice]

————————————————– —— ——————————————————

[responsivevoice voice = “US English Female” buttontext = “”]General discussion about your workweek: [/responsivevoice]

  1. [responsivevoice voice = “US English Female” buttontext = “”]Current projects? Deadlines? Opportunities? [/responsivevoice]
  2. [responsivevoice voice = “US English Female” buttontext = “”]Anything of interest happening? [/responsivevoice]

————————————————————————————————————

Article

1.[responsivevoice voice = “US English Female” buttontext = “”]Facebook on Thursday announced that it has changed its company name to Meta. The name change was announced at the Facebook Connect augmented and virtual reality conference. The new name reflects the company’s growing ambitions beyond social media. Facebook, now known as Meta, has adopted the new moniker, based on the sci-fi term metaverse, to describe its vision for working and playing in a virtual world.[/responsivevoice]

2.[responsivevoice voice = “US English Female” buttontext = “”]“Today we are seen as a social media company, but in our DNA we are a company that builds technology to connect people, and the metaverse is the next frontier just like social networking was when we got started,” Meta CEO Mark Zuckerberg said. [/responsivevoice]

3.[responsivevoice voice = “US English Female” buttontext = “”]The company also said in announcing the new name that it will change its stock ticker from FB to MVRS, effective Dec. 1. Meta’s stock price closed up on Thursday.[/responsivevoice]

oculus

[responsivevoice voice = “US English Female” buttontext = “”]Is it a good name? What images does it inspire? What company names do you think are good and why?[/responsivevoice]

4.[responsivevoice voice = “US English Female” buttontext = “”]In July, the company announced the formation of a team that would work on the metaverse. Two months later, the company said it would elevate Andrew “Boz” Bosworth, who is currently the head of the company’s hardware division, to the role of chief technology officer in 2022. And in its third-quarter earnings results on Monday, the company announced that it will break out Reality Labs, its hardware division, into its own reporting segment, starting in the fourth quarter.[/responsivevoice]

5.[responsivevoice voice = “US English Female” buttontext = “”]“Our hope is that within the next decade, the metaverse will reach a billion people, host hundreds of billions of dollars of digital commerce, and support jobs for millions of creators and developers,” Zuckerberg wrote in a letter on Thursday.[/responsivevoice]

6.[responsivevoice voice = “US English Female” buttontext = “”]Over the past few years, the company has ramped up its efforts in hardware, introducing a line of Portal video-calling devices, launching the Ray-Ban Stories glasses and rolling out various versions of the Oculus virtual-reality headsets. The company has indicated that augmented and virtual reality will be a key part of its strategy in the coming years.[/responsivevoice]

[responsivevoice voice = “US English Female” buttontext = “”]Why do you think Meta are focusing so heavily on Virtual and augmented reality?

・Do you think this is a wise business decision? What implementation do you imagine it will have in the future.[/responsivevoice]

7.[responsivevoice voice = “US English Female” buttontext = “”]The company also said this week it’d spend about $10 billion over the next year developing the technologies required for building the metaverse. Zuckerberg on Thursday provided a demonstration of the company’s ambitions for the metaverse.[/responsivevoice]

8.[responsivevoice voice = “US English Female” buttontext = “”]The demo was a Pixar-like animation of software the company hopes to build some day. The demo included users hanging out in space as cartoon-like versions of themselves or fantastical characters, like a robot, that represent their virtual selves. Zuckerberg used part of it to accuse other tech firms of stifling innovation with high developer fees.[/responsivevoice]

[responsivevoice voice = “US English Female” buttontext = “”]Have you ever experienced Virtual or Augmented reality? If so describe your experience, if not are you interested? Why? Why not?[/responsivevoice]

Phonetic Chart

Phonemic Chart - click to see or print full size