Facebook rebrands as 'Meta' to emphasise metaverse vision
Oakland (US), Oct 28: Facebook CEO Mark Zuckerberg said his company is rebranding itself as Meta in an effort to encompass its virtual-reality vision for the future, what Zuckerberg calls the metaverse.
Sceptics point out that it also appears to be an attempt to change the subject from the Facebook Papers, a leaked document trove that has revealed the ways Facebook ignored internal reports and warnings of the harms its social network created or magnified across the world.
Zuckerberg says he expects the metaverse to reach a billion people within the next decade. The metaverse, he says, will be a place people will be able to interact, work and create products and content in what he hopes will be a new ecosystem that creates millions of jobs for creators.
The announcement comes amid an existential crisis for Facebook. It faces legislative and regulatory scrutiny in many parts of the world following revelations in the Facebook Papers.
In explaining the rebrand, Zuckerberg said the name Facebook just doesn't encompass everything we do any more. In addition to its primary social network, that now includes Instagram, Messenger, its Quest VR headset, its Horizon VR platform and more.
Today we are seen as a social media company, Zuckerberg said. But in our DNA we are a company that builds technology to connect people.
Metaverse, he said, is the new way. Zuckerberg, who is a fan of classics, explained that the word meta comes from the Greek word beyond.
Announcing @Meta — the Facebook company’s new name. Meta is helping to build the metaverse, a place where we’ll play and connect in 3D. Welcome to the next chapter of social connection. pic.twitter.com/ywSJPLsCoD
— Facebook (@Facebook) October 28, 2021
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Three arrested in Gurugram for aiding Chinese cyber fraud syndicate
Gurugram (PTI): The Gurugram Cyber Police has arrested three men for allegedly providing calling support to a Chinese fraud syndicate, officials said on Wednesday.
According to the officials, a 20-port physical SIM box and a laptop were seized from them. These arrests come after a woman from Nagaland was held in connection with the same case.
The arrested accused have been identified as Karma (32) from Nagaland, and Lobsang Tsultim (33) and Ngawang Gyaltsen (35), both from Himachal Pradesh. Karma and Tsultim were arrested on February 14. Gyaltsen was intercepted on February 16 near Majnu Ka Tila in Delhi while attempting to flee to Nepal.
Police said the accused, during questioning, revealed that they were using SIM boxes to facilitate fraudulent calls targeting Indian citizens.
Karma and Lobsang Tsultim admitted to installing virtual SIM boxes in Gurugram on the instructions of a Chinese national named Tsega, they said.
These setups, which included 20 mobile phones, were capable of making over 20,000 calls a day. Tsega, allegedly used an application to contact Indian citizens for various crimes, including gaming and investment fraud, they said.
Tsultim and Gyaltsen were born in China and have lived in India as refugees for 15 years. Fluent in Chinese and Taiwanese, they communicated with Tsega via WeChat, a platform banned in India since 2020, they added.
ACP Cyber Priyanshu Dewan said the three accused were produced in court on Wednesday and have been sent to judicial custody.
"We are working to identify others involved in the network," he added.
