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previous:The previous iteration of Meta, with its billions of active users & substantial impact on online communication and content consumption, remained a formidable force in the digital landscape in spite of these obstacles. It offered a place where people could express themselves, maintain relationships with others, & learn about fresh concepts and viewpoints. Companies used the platform to connect with their target market & cultivate clientele. But as technology advanced, Meta realized that, to remain relevant in a market that was becoming more and more competitive, it would be necessary to innovate and adapt. When Mark Zuckerberg and his college roommates started "The Facebook" in their Harvard University dorm room in 2004, Meta's journey officially started.NEXT:The platform was initially created as a means for students in their university community to communicate and exchange information. It eventually opened to other universities in 2006 & became more widely known as its popularity increased. As it grew even faster, the business bought WhatsApp and Instagram among other platforms, securing its place as the industry leader in social media. Facebook changed its name to Meta in 2021 to reflect its intention to use augmented & virtual reality technologies to create the internet of the future. With the aim of redefining its identity and mission beyond being merely a social networking platform, the company underwent a major evolution with this rebranding.