Introducing Meta: A Social Technology Company

The metaverse will feel like a hybrid of today’s online social experiences, sometimes expanded into three dimensions or projected into the bodily world. It can let you share immersive experiences with different people even when you can’t be together — and do issues collectively you couldn’t do within the bodily world. It’s the subsequent evolution in an extended line of social applied sciences, and it’s ushering in a new chapter for the company. Mark shared more about this vision in a founder’s letter.

annual Join conference brings collectively augmented and digital reality developers, content creators, marketers, and others to celebrate the trade’s momentum and growth. This year’s digital occasion explored what experiences within the metaverse could really feel like over the subsequent decade — from social connection to leisure, gaming, health, work, education, and commerce. We also introduced new tools to assist people building for the metaverse, including Presence Platform, which can enable new mixed actuality experiences on Quest 2, and a $150-million funding in immersive learning to train the next generation of creators.

You can watch the total Connect keynote and study more about how the metaverse will unlock new alternatives at meta.com. You can also learn more the corporate structure is not changing, however, how we report on our financials will. Starting with our outcomes for the fourth quarter of 2021, we plan to report on two operating segments: Household of Apps and Actuality Labs. We additionally intend to begin buying and selling underneath the brand new inventory ticker we’ve got reserved, MVRS, on December 1.