Facebook will change its name to Meta, Mark Zuckerberg announced, RIA Novosti reports.

Zuckerberg also introduced the company’s logo in the form of a blue Mobius Ribbon.

Zuckerberg said the word “Meta” originates from the Greek word “after” and that, for him, it symbolizes the fact that it is always possible to create another new thing. According to him, the company is changing its name to Meta to reflect its growing focus on the metaverse.