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Facebook plans on rebranding itself with a new name

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The Chief Executive Officer of Facebook, Mark Zuckerberg has plans to talk about changing the name at the company’s annual conference on October 28. The social media giant has refused to give any official statement on this ‘rumor or speculation’. The news was revealed when the company has come across high scrutiny over its business practices.

The rebranding would help the social media app of Facebook to be one of the main products of the parent company apart from WhatsApp, Instagram, and more. However, in Silicon Valley, it is not new that a company wants to change its name to extend its services.

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