Facebook Attempts to Rebrand With Name Change

The tech giant plans to change its name to reflect its focus on the Metaverse, with Mark Zuckerberg remaining CEO. Despite the rebranding, the company faces ongoing issues such as negative reports, whistleblower claims, service outages, and regulatory pressures. Additionally, the DC Attorney General intends to involve Zuckerberg in a lawsuit related to the Cambridge Analytica scandal, marking a significant legal challenge for him personally.

What is the primary reason behind the tech giant's decision to change its company name?

• To attract new investors

• To reflect its focus on the Metaverse

• To improve its public image

• To distance itself from past controversies

What are some of the challenges the company is facing despite its rebranding efforts?

• Increased competition from other tech companies

• Declining user base

• Lack of innovation in technology

• Fallout from damaging reports and whistleblower revelations

Which of the following is NOT mentioned as a challenge faced by the company?

• Declining stock prices

• Growing calls for regulation

• Credible whistleblowers

• Service outages

What legal action is the Attorney General for DC planning to take against Zuckerberg?

• A lawsuit for tax evasion

• A lawsuit for patent infringement

• A lawsuit over the Cambridge Analytica scandal

• A lawsuit for breach of contract

What is significant about the Attorney General's plan to involve Zuckerberg in the lawsuit?

• It is the largest lawsuit in tech history

• It seeks to ban him from the tech industry

• It is the first time a regulator is targeting him personally

• It involves multiple tech companies