Rebrand could position tech giant’s social media app as one of many products under a parent company which oversees the likes of Instagram, WhatsApp and Oculus

Social media giant Facebook is planning to rebrand the company with a new name next week, the Verge reported on Tuesday, citing a source with direct knowledge of the matter.

Facebook chief executive officer Mark Zuckerberg plans to talk about the name change at the company’s annual Connect conference on 28 October, but it could be unveiled sooner, the Verge report said.

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