PC maker Metawants $20 million from Mark Zuckerberg for Facebook to own the trademark. Facebook announced that it would be rebranding its parent company to Metato better fit the company's broader vision for a mixed reality future. The company wants to branch out and create the Metaverse, a mixed reality world that lets users work, play and navigate life with the help of virtual reality tech.

Part of the reasoning for the name change could be related to the scrutiny the company has been getting

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