Mark Zuckerberg announced it's changing Facebook's name to Meta and Facebook post, CTO-in-waiting Andrew Bosworth detailed about 15 minutes later following the completion of the keynote that as part of the new rebrand, they will be killing off the Oculus brand.
Oculus was not mentioned in any of the presentations today and features like the Oculus Store were consistently referred to as the Quest Store.
Bosworth details that starting early next year the process to rename the Oculus app to the Meta app and the Oculus Quest to the Meta Quest will begin.
"We all have a strong attachment to the Oculus brand, and this was a very difficult decision to make. While we're retiring the name, I can assure you that the original Oculus vision remains deeply embedded in how Meta will continue to drive mass adoption for VR today", Bosworth wrote. Facebook bought Oculus VR back in 2014 for $2 billion.
Meanwhile Meta is developing a smartwatch with a front-facing camera and rounded screen.
The photo shows a watch with a screen and casing that's slightly curved at the edges. The front-facing camera -- similar to what you'd see on a smartphone -- appears at the bottom of the display, and there's a control button for the watch on the right side.
The image was found inside of the company's app for controlling its new smart glasses launched in partnership with Ray-Ban. The picture was located by app developer Steve Moser and shared with Bloomberg News.
The watch has a detachable wrist strap and what appears to be a button at the top of the watch case.
The Tame Apple Press claims that the large display mimics the style of Apple's watch -- rather than the more basic fitness trackers sold by Google's Fitbit and Garmin.
It looks like the watch can manage videoconferencing, a feature that would make Meta's device stand out. Apple's smartwatch doesn't have a camera, nor do rival products from companies such as Samsung.
Facebook has been planning to launch its first watch as early as 2022, but a final decision on timing hasn't been made yet and the debut could be later, according to a person with knowledge of the matter. The company is working on three generations of the product aimed at different release time frames, the person said. The device in the image could ultimately represent a version that is never released, but it's the first evidence of the company's work on the project.
Not only does the code inside the software of the watch indicate it'll work with iOS and Android devices, but it may also be used as an input device or accessory for the company's VR and AR headsets.