Facebook’s name change plan reflects its real priorities
Facebook’s plan to change its company name, as first reported by The Verge, comes at a peculiar time. The nearly $1 trillion company that owns Instagram and WhatsApp is facing its biggest scandal in years over damning internal documents leaked by a whistleblower, as well as mounting antitrust scrutiny from lawmakers and regulators. So what’s really going on? Is the name change meant to be a distraction from its bigger problems? A sign of more company changes to come? And when did Facebook first come up with this idea?