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Social media giants, Facebook plans to rebrand itself with a new name next week in a bid to distance itself from a series of scandals.
The firm’s original social media site, Facebook, will likely keep its moniker, but Facebook Inc., the parent company which also owns Instagram and WhatsApp, will rebrand.
The Chief Executive Officer Mark Zuckerberg plans to reveal the parent company’s new name at its annual Connect conference on October 28.
