Saudi Press

Saudi Arabia and the world
Saturday, Feb 21, 2026

‘Hands off our META’: Facebook stole new name from left-wing Athens think tank, says ex-Greece finance minister Varoufakis

‘Hands off our META’: Facebook stole new name from left-wing Athens think tank, says ex-Greece finance minister Varoufakis

Former Greek Finance Minister Yanis Varoufakis waded into the hubbub around Facebook changing its corporate name to ‘Meta’, accusing Mark Zuckerberg of “borrowing” the new title from the moniker of an anti-capitalist think tank.

In a series of tweets on Friday, Varoufakis told the Facebook founder to keep his “hands off our mέta” – referring to the Athens-based ‘Centre for Postcapitalist Civilisation’. The non-profit research center lists the Greek MP on an advisory board that includes scholar Noam Chomsky, musician Brian Eno, filmmaker Ken Loach, economist James K. Galbraith, and philosopher Slavoj Žižek.

Established in 2020, the think tank’s mission statement says it works through “art and research, argument, and poetry” to “break with a dystopic present” by aiding “radical progressive movements.”

“You, and your minions, wouldn’t recognize civilization even if it hit you with a bargepole,” tweeted Varoufakis, who added separately that the big tech firm helps create the current dystopian reality.


Varoufakis also accused Zuckerberg of having previously “borrowed” the name of his Democracy in Europe Movement 2025 (DiEM) movement to rebrand his cryptocurrency. Facebook’s under-development cryptocurrency was originally named ‘libra’ but renamed as ‘diem’ last year.


Zuckerberg announced his ambitious plans for the creation of a virtual “metaverse” last week amid a spate of negative press coverage linked to whistleblower Frances Haugen’s allegation that the Silicon Valley giant prioritizes “profit over people.” He renamed the parent company of Facebook, Instagram and WhatsApp as ‘Meta’ effective immediately.

The rebranding elicited both support and ridicule on social media, including from several influential figures and even popular fast food chain Wendy’s. It also spawned a variety of memes – at least one of which played on the new title to suggest another less obscure Greek connection for the name: the famous ‘Feta’ cheese.


While some social media users dismissed Varoufakis’ claims as “narcissistic” and “delusions of grandeur,” many commenters appeared to agree that the similarities between the two instances of renaming looked “almost like it was on purpose.”

In response to Varoufakis’ tweets, another Greek organization Metabook – which described itself as the “largest marketplace of used books” in the country – claimed that its name was one of those that Facebook had “shortlisted.” It added that while the tech giant “finally cut the ‘book’ part,” it “kept our logo.” Both logos feature a variation of the infinity loop symbol.


Most, however, said that claiming “ownership” or having some sort of “trademark” over a word that is part of the common parlance today was “stupid” — while others were sure that the renaming was simply part of a plan to “divert” some of the bad press away from the company.


Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Concerns Mount Over Potential Saudi Uranium Enrichment in Prospective US Nuclear Accord
Trump Directs Government to Release UFO and Alien Information
Trump Signs Global 10% Tariffs on Imports
Investability Emerges as the Defining Test of Saudi Arabia’s Next Market Phase
Saudi Arabia’s Packaging Market Accelerates as Sustainability and E-Commerce Drive Transformation
Saudi Arabia’s Strategic Minerals Drive Offers Lessons for Europe’s Supply Chain Ambitions
Saudi Arabia Unveils $32 Billion Push Into Theme Parks and Global Entertainment
Saudi Crude Exports to India Climb Sharply, Closing Gap With Russia
Saudi Arabia’s Halal Cosmetics Market Expands as Faith and Ethical Beauty Drive Growth
United Kingdom Denies U.S. Access to Military Base for Potential Iran Strike
ImmunityBio Secures Saudi Partnerships to Launch Flagship Cancer Therapy
Türkiye and Saudi Arabia Launch Expanded Renewable Energy Partnership
US Supreme Court Voids Trump’s Emergency Tariff Plan, Reshaping Trade Power and Fiscal Risk
UK Intensifies Efforts to Secure Saudi Investment in Next-Generation Fighter Jet Programme
Saudi Arabia Tops Middle East Green Building Rankings with Record Growth in 2025
Qatar and Saudi Arabia Each Commit One Billion Dollars to President Trump’s ‘Board of Peace’ Initiative
Ramadan 2026 Prayer Times Set as Fasting Begins in Saudi Arabia and Egypt Announces Dates
Saudi Arabia Launches Ramadan 2026 Hotel Campaign to Boost Religious and Leisure Tourism
Saudi Arabia Seeks Reroute of Greece-Bound Fibre-Optic Cable Through Syria Instead of Israel
Saudi-Backed Scopely Acquires Majority Stake in Turkey’s Loom Games to Expand Mobile Portfolio
Zodiac Milpro Launches Zid Marine Joint Venture in Saudi Arabia to Expand Regional Shipbuilding
Saudi Arabia Reaffirms Reform Path Amid Claims of Ideological Reversal
Calls Grow for Saudi Arabia and UAE to Settle Differences Through Direct Dialogue
Jensen Huang just told the story of how Elon Musk became NVIDIA’s very first customer for their powerful AI supercomputer
British couple sentenced to 10 years in Iran for espionage
Former British Prince Andrew Arrested on Suspicion of Misconduct in Public Office
Unitree Robotics founder Wang Xingxing showcases future robot deployment during Spring Festival Gala.
Prince William Holds Talks with Crown Prince Mohammed bin Salman During Saudi Visit
Saudi Arabia’s Humain Commits $3 Billion Investment to Elon Musk’s xAI
SCOPA Executive Unveils Ambitious Relaunch Strategy for Saudi Production Company
Saudi Arabia Sees Rise in Business Visa Rejections Amid Tighter Compliance Checks
Saudi PIF Transfers Take-Two Stake to Savvy Games Group in Strategic Gaming Push
Jimmy Carr Says He ‘Loved’ Saudi Arabia Show Amid Debate Over Performing in the Kingdom
Sotheby’s ‘Origins II’ Auction Signals Saudi Collectors’ Shift Toward Cultural Legacy
EY and Microsoft Deepen Saudi Arabia Partnership with Launch of EY Studio+
Google Pay Launches Support for Mastercard Cards in Saudi Arabia
Saudi Arabia Bolsters Maritime Surveillance Fleet with Four C-27J Patrol Aircraft
Kazakhstan and Saudi Arabia Deepen Strategic Partnership with New Investment and Energy Agreements
Saudi Crown Prince Receives Written Message from Kazakhstan’s President Amid Expanding Strategic Ties
ImmunityBio Shares Rise After Saudi Arabia BCG Manufacturing Update Spurs Investor Optimism
Global Music Star Tyla Confirmed as Headliner at 2026 Saudi Arabian Grand Prix Entertainment Lineup
Somalia and Saudi Arabia Forge New Military Partnership Amid Regional Power Shifts
Saudi Arabia and Several Nations Criticize Israeli West Bank Land Measures as Diplomatic Tensions Rise
Saudi Public Investment Fund Transfers Stake in Take-Two Interactive as Portfolio Strategy Evolves
Saudi Arabia’s Flagship Defense Expo Highlights Industrial Ambitions and Expanding Arms Portfolio
Strategic Divergence Deepens as Saudi Arabia and UAE Recalibrate Gulf Partnership
Saudi Arabia Confirms Start of Ramadan as Crescent Moon Sighted, While Other Nations Begin a Day Later
Rubio Calls for Sweeping U.N. Reform, Saying It Has Failed to End Wars in Gaza and Ukraine
10,000 Condoms Distributed at Winter Olympics 2026 Athlete Village Depleted Within 72 Hours
Prince William Meets Saudi Crown Prince as Epstein-Andrew Fallout Casts Shadow
×