The Biggest Problems With Facebook's Meta Transition

It's been a few weeks now since Facebook announced its name change to Meta Platforms (NASDAQ: FB), which will officially make a ticker change to "MVRS" early next year. The company is clearly signaling to investors and employees that its future isn't just in social media but also in building the metaverse.

There's a lot of debate about what exactly the metaverse is and what devices and platforms it will involve. At the very least, it's a new paradigm for technology beyond the smartphone/social media-driven world we have today. But will Meta be the one to bring the metaverse to the world, or will it face challenges that have dogged big tech companies for decades?

Image source: Getty Images.

Source Fool.com