CNN World News Actuality Claire Evren & Mark Zuckerberg Profile of the week CEO of Facebook Mark Zuckerberg

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CNN World News Actuality Presented By Claire Evren

Profile of the week CEO of Facebook Mark Zuckerberg

Updated October 28,2021

Facebook changes its company name to Meta

Mark Zuckerberg said connecting people online isn’t enough.

“Now we realize that we need to do more too,” Zuckerberg told CNN.

“I’ve been thinking a lot about our identity as we begin this next chapter. Facebook is one of the most used products in the history of the world,” Zuckerberg said on Thursday. “It is an iconic social media brand, but increasingly it just doesn’t encompass everything that we do.
“Today we’re seen as a social media company,” he added, “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.”
“I know that some people will say that this isn’t a time to focus on the future, and I want to acknowledge that there are important issues to work on in the present. There always will be,” Zuckerberg said. “So for many people, I’m just not sure there ever will be a good time to focus on the future. But I also know that there are a lot of you who feel the same way that I do.”
“We live for what we’re building,” Zuckerberg added. “And while we make mistakes, we keep learning and building and moving forward.”
Zuckerberg also announced Messenger calling is coming to VR, plans to operate a virtual marketplace where developers can sell virtual goods and a new home screen in Oculus Quest to make chatting and games in the virtual world more social.
“Your devices won’t be the focal point of your attention anymore,” he said. “We’re starting to see a lot of these technologies coming together in the next five or 10 years. A lot of this is going to be mainstream and a lot of us will be creating and inhabiting worlds that are just as detailed and convincing as this one, on a daily basis.”

“It’s important to give people a voice, to get a diversity of opinions out there, but on top of that, you also need to do this work of building common ground so that way we can all move forward together.”

He appears to have shifted his priority to building the new-reality platform. He’s posted videos of himself wearing virtual-reality headsets on his Facebook page.

CEO Mark Zuckerberg told that Facebook would shift from being seen as a social media company, “to being a metaverse company”.

Zuckerberg said, the metaverse will bring enormous opportunity to individual creators and artists; to individuals who want to work and own homes far from today’s urban centers; and to people who live in places where opportunities for education or recreation are more limited. A realized metaverse could be the next best thing to a working teleportation device, he says. With the company’s Oculus division, which produces the Quest headset, Facebook is trying to develop one.

“Technology can always be used for good and bad, and you need to be careful about how you build it, and what you build, and how it’s going to be used,” he said on a Facebook Live stream. “But people are arguing for slowing down the process of building A.I.–I just find that really questionable. I have a hard time wrapping my head around that.”
Facebook announced earlier this week that it would hire 10,000 people in Europe to work on creating the metaverse.

“Good faith criticism helps us get better, but my view is that we are seeing a coordinated effort to selectively use leaked documents to paint a false picture of our company,” Zuckerberg said. “The reality is that we have an open culture that encourages discussion and research on our work so we can make progress on many complex issues that are not specific to just us.

“In a statement with the results, Facebook CEO and cofounder Mark Zuckerberg also focused on what’s next: “I’m excited about our roadmap, especially around creators, commerce, and helping to build the metaverse.”

In addition to its flagship social media network, Facebook also owns Instagram and WhatsApp.

 

The company’s divisions focused on products for communities, creators, commerce, and virtual reality would increasingly work to realize this vision, he said in a remote address to employees. “What I think is most interesting is how these themes will come together into a bigger idea,” Zuckerberg said. “Our overarching goal across all of these initiatives is to help bring the metaverse to life.”
The name change may reflect Facebook’s direction. The metaverse refers to efforts to combine virtual and augmented reality technologies in a new online realm.

 

 

The idea is to create a space similar to the internet, where users (via digital avatars) can walk around and interact with one another in real time. In theory, users could sit around a virtual meeting table with remote colleagues, and then walk over to a virtual Starbucks to meet up with a friend.

4, 2004 – Facebook is launched by Mark Zuckerberg, Dustin Moskovitz, Chris Hughes and Eduardo Saverin at Harvard University, in Cambridge, Massachusetts.

His original intention to buy Instagram was to indulge in popular culture. At that time, Facebook mostly remained in the sharing and communication between friends, and it was all about establishing contacts with people who knew each other. For celebrities, everyone is still staying on the official FACEBOOK page to watch the news released by the big celebrities’ companies.

So the first thing he did after acquiring Instagram was to invite celebrities and influencers to settle in.

Now it seems that he did succeed. According to the “Forbes” rich list, Mark Zuckerberg is currently the fifth richest person in the world and the richest person on the Internet, with a personal book value of US$122 billion equivalent to RMB 780.4 billion.