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	<title>Mark Zuckerberg Archives - Bizznerd</title>
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		<title>Facebook&#8217;s Name Change To Meta Will Not Spare Oculus &#038; It&#8217;s Already Started</title>
		<link>https://bizznerd.com/facebooks-name-change-to-meta-will-not-spare-oculus-its-already-started/</link>
		
		<dc:creator><![CDATA[Joel Bonga]]></dc:creator>
		<pubDate>Tue, 15 Mar 2022 10:14:56 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Tech]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[Mark Zuckerberg]]></category>
		<category><![CDATA[Meta]]></category>
		<category><![CDATA[Metaverse]]></category>
		<guid isPermaLink="false">https://bizznerd.com/?p=18649</guid>

					<description><![CDATA[<p>For many years, Facebook&#8217;s Oculus brand has been a pioneer and a leader in the Virtual Reality market, leaving its name deeply etched in the minds of VR enthusiasts. However, its parent company&#8217;s rebranding to Meta will not spare its VR wing &#8211; and if you look closely, the changes have already started to take &#8230;</p>
<p>The post <a href="https://bizznerd.com/facebooks-name-change-to-meta-will-not-spare-oculus-its-already-started/">Facebook&#8217;s Name Change To Meta Will Not Spare Oculus &#038; It&#8217;s Already Started</a> appeared first on <a href="https://bizznerd.com">Bizznerd</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>For many years, Facebook&#8217;s Oculus brand has been a pioneer and a leader in the Virtual Reality market, leaving its name deeply etched in the minds of VR enthusiasts. However, its parent company&#8217;s rebranding to Meta will not spare its VR wing &#8211; and if you look closely, the changes have already started to take effect.</p>
<p>After spending the last few years wading through a public relations mudslide, <a href="https://www.google.co.za/url?sa=t&amp;source=web&amp;rct=j&amp;url=https://about.facebook.com/&amp;ved=2ahUKEwi6ouKEj6z0AhWEZMAKHQWrCj0QFnoECFAQAQ&amp;usg=AOvVaw0MH7CX9vgHLwJVzkhLDS0A" target="_blank" rel="nofollow noopener">Facebook&#8217;s</a> CEO, Mark Zuckerberg, used the company&#8217;s Oculus Connect event to announce the company&#8217;s plans to rebrand Facebook to Meta &#8211; reasoning that the name change resonated with the company&#8217;s goal of building the <a href="https://www.google.co.za/url?sa=t&amp;source=web&amp;rct=j&amp;url=https://coinfractal.com/hedge-funds-are-eyeing-the-nfts-segment5/&amp;ved=2ahUKEwiD6-PIkKz0AhXQYcAKHWAQCBwQFnoECBkQAQ&amp;usg=AOvVaw1SZb_Tv7LB1J_NrRegofjo" target="_blank" rel="nofollow noopener">Metaverse</a>.</p>
<p><i>“Right now, our brand is so tightly linked to one product that it can’t possibly represent everything that we’re doing today, let alone in the future. Over time, I hope that we are seen as a metaverse company, and I want to anchor our work and identity on what we’re building toward,” </i>Zuckerberg told his audience.</p>
<p>However, the Facebook name will remain in service with respect to the company&#8217;s already running social media products like Facebook, Instagram and WhatsApp. As for the Oculus brand, this marks the end of an era.</p>
<p><a href="https://www.oculus.com/" target="_blank" rel="noopener">Navigate to Oculus.com</a> and one immediately sees the &#8220;subtle&#8221; changes. The new logo and the name &#8220;Meta Quest&#8221; are some of the changes that Quest users will have to get accustomed to from here on out. Naturally, the change of names &#8211; that Facebook sees as a better fit with falling in under the Meta umbrella &#8211; will extend to the Oculus mobile app and the former Facebook Reality Labs. They are set to change to the Meta Quest app and Meta Reality Labs.</p>
<p>The path of Facebook&#8217;s evolution to Meta is a double edged sword. On one end it symbolises a new beginning, on the other hand, it represents the end of Oculus as a brand &#8211; one that has been a key player in the virtual reality market since its founding in 2012.</p>
<p><i>“We all have a strong attachment to the Oculus brand, and this was a very difficult decision to make. While we’re changing the brand of the hardware, Oculus will continue to be a core part of our DNA and will live on in things like software and developer tools,” </i>reads <a href="https://www.facebook.com/boz/posts/10114026973983491" target="_blank" rel="nofollow noopener">part of a post</a> by Facebook&#8217;s head of VR and AR, Andew Bosworth.</p>
<p>At this point in time, there is no reason to think that Facebook Inc&#8217;s metamorphosis to Meta will have any major impact on Quest&#8217;s core products &#8211; these changes will not go any deeper than the skin of the Oculus brand and the vast majority of users shouldn&#8217;t find much to complain about.</p>
<p>Likewise, the rebranding isn&#8217;t expected to have much of an effect on the Quest&#8217;s dominance in the virtual reality market. <a href="https://bizznerd.com/oculus-quest-2-pro-will-be-on-the-market-before-we-see-oculus-3/" target="_blank" rel="noopener">The Quest 2</a> is still a highly sought after VR headset and will likely maintain a hold on its roughly 35% share of the VR market &#8211; as per the data sets <a href="https://store.steampowered.com/hwsurvey/Steam-Hardware-Software-Survey-Welcome-to-Steam" target="_blank" rel="nofollow noopener">shared via the Steam Hardware &amp; Software Survey: October 2021</a>.</p>
<p>&nbsp;</p>
<p>The post <a href="https://bizznerd.com/facebooks-name-change-to-meta-will-not-spare-oculus-its-already-started/">Facebook&#8217;s Name Change To Meta Will Not Spare Oculus &#038; It&#8217;s Already Started</a> appeared first on <a href="https://bizznerd.com">Bizznerd</a>.</p>
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