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[Rewards Calling] Facebook's name change can't fix anything!

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The Boxing Ring wrote a column · Oct 21, 2021 02:23
[Rewards Calling] Facebook's name change can't fix anything!
$Facebook(FB.US)$ plans to change its company name next week to reflect its focus on metaverse. But why would a famous company change its name suddenly? How about replacing the CEO? $Apple(AAPL.US)$ would never change its name to Banana, right?
I guess Facebook wants to escape from its recent reputational damage. I still remember its hours-long outage, scrutiny from Congress and criticism from the public. These can't be fixed by a name change. I would definitely put my money into other mega-cap tech stocks like Apple, $Microsoft(MSFT.US)$, $Amazon(AMZN.US)$ and $Alphabet-A(GOOGL.US)$ rather than Facebook!

But anyway, how would you rename Facebook if you were Zuckerberg? Are you positive about Facebook and why?
[Rewards Calling] Facebook's name change can't fix anything!
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  • Rocket Man : I would change the name" Facebook" to "MooMoo".

  • Chill and chubby : What will be the new favourable name undefined

  • GlenPeh : $Facebook (FB.US)$ will need sometime for the mass population to get use to the new name. It may not be a good strategy to do so. Wonder why is there a need?

  • RachTrade : Don't know if the Chinese soup “change soup, not medicine” formula for this case. There is no point changing the name if they don't keep up with the tech excitement... don't know why I keep feeling Facebook kind of stop where they are now... new plans?

  • Mars Mooo : In the earlier days, Facebook is called TheFaceBook, which is a site to help university students get to know each other better.

    Many years later, it become clear that its direction is to give people the power to build communities, allow users to stay connected to their loved ones and to share and express what matters to them.

    Facebook should not change its name unless it is moving away from its current direction, right? undefined

  • LoneWolf83 : “The Good Place”

  • Revelation 6 : Once Facebook, always Facebook. Changing the name won’t change the facts. It just makes Facebook look like it’s running away from taking responsibility for what it did.

  • Upncoming1841 : As Facebook wish to transform itself into a metaverse company, a name change is essential. The Facebook platform is one dimensional while a metaverse company needs a name that conveys the concept of multi dimensionality. Thus, I fully understand the need for Facebook to change its name. a marvelous new name for Facebook is Marvelverse! 😀

  • cowabanga : Maybe he heard from his wife, change name for auspicious turnaround (superstition)undefined
    Anyway the social media app is not changing so it's not that impactful to the users. I guess the change shouldn't bring around much (see goog > alphabet) unless it is used to outline the social media app from the holding company. undefined
    I would name it "blueprint", homage to fb where it all started.undefined
    @The Boxing RingCan like my comment once? Or u have to stay neutral?

  • B3rtz : Sup

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