Opinion: Mark Zuckerberg takes a page from Elon Musk's book


Photos By Parmy Olson

Last week, Zuckerberg announced that Facebook Inc was changing its name to Meta Platforms Inc, to reflect its focus on a new virtual- and augmented-reality platform 'for connecting people.' — Bloomberg

It seems to be a rite of passage that as technology billionaires get older, they spend more time chasing dreams they might have fantasized about as kids. There’s Elon Musk and Jeff Bezos with their rockets, and now Mark Zuckerberg, aged 37, with his plans to build an alternate digital reality known as the metaverse.

Last week, Zuckerberg announced that Facebook Inc was changing its name to Meta Platforms Inc, to reflect its focus on a new virtual- and augmented-reality platform “for connecting people.” It looked at first like the CEO was distancing himself from the company’s problems, but that is only part of the story. He also seems to be following in Musk’s footsteps, attempting, in his own way, to become a tech futurist with grandiose plans to change humanity. That may ultimately make Zuckerberg the clearest winner from Facebook’s pivot.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Musk now says it's 'pointless' to build a $25,000 Tesla for human drivers
Google defeats lawsuit over gift card fraud
Russian court fines Apple for not deleting two podcasts, RIA reports
GlobalFoundries forecasts upbeat Q4 results on strong demand from smartphone makers
Emerson sharpens automation focus with offer for rest of AspenTech in $15 billion deal
Palantir shares surge to record as AI boom powers forecast raise
Tax fraud investigators search Netflix offices in Paris and Amsterdam, says source
Singapore's Keppel to buy Japanese AI-ready data centre
Tesla increases wages for staff at German gigafactory by 4%
Apple explores push into smart glasses with ‘Atlas’ user study

Others Also Read