Arab Press

بالشعب و للشعب
Thursday, Apr 09, 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

Arab Press
0:00
0:00
Close
King Street Aligns with Saudi Sovereign Wealth Fund to Expand Alternative Investments in Middle East
Attack on Saudi Arabia’s Jubail Petrochemical Hub Raises Global Supply Concerns
Debate Emerges Over Saudi Strategic Decisions as Gulf Cooperation Council Dynamics Come Into Focus
Saudi Arabia Expands Full Workforce Localisation to 69 Professions in Major Labour Reform
Emerging Alliance of Pakistan, Turkey, Egypt and Saudi Arabia Signals New Regional Power Dynamic Amid Iran Conflict
Iran Linked to Strikes Across Gulf States Following Refinery Attack Escalation
Saudi Arabia Voices Concern Over Fragile US–Iran Ceasefire Stability
Starmer Warns Sustained Effort Needed to Ensure US–Iran Ceasefire Holds
Saudi Arabia’s Key East-West Oil Pipeline Targeted Following Ceasefire Announcement
Iran Targets Saudi Arabia’s East-West Oil Pipeline in Escalating Regional Tensions
Trump Warns of Civilizational Stakes as Iran Halts Negotiations
Saudi Companies Expand Remote Work Measures Ahead of Iran-Related Security Concerns
Iran Warns of Strikes on Saudi Energy Infrastructure if US Targets Its Facilities
Iran Urges Civilians to Form Human Shields Around Nuclear Sites as Diplomatic Deadline Approaches
Saudi Arabia Raises Oil Prices to Record Premiums Amid Supply Pressures Linked to Iran Conflict
Key Saudi-Bahrain Causeway Closed Amid Heightened Security Concerns Linked to Iran
Formula One Calendar Gap Explained as Fans Await Next Grand Prix
Growing Strain on the Petrodollar System Comes Into Focus Amid Iran Conflict
Reported Strike on Saudi Arabia’s Jubail Complex Raises Global Energy Supply Concerns
FedEx Introduces New Digital Tool to Streamline Imports into Saudi Arabia
Iran Claims Strike on Saudi Arabia’s Jubail Petrochemical Complex Amid Rising Regional Tensions
Taiwan to Source Oil Shipments from Saudi Arabia’s Red Sea Ports
Saudi Arabia Evacuates Riyadh Financial District as Precaution Amid Regional Tensions
Saudi Arabia Balances Ambitious Economic Vision Amid Regional Tensions and Financial Pressures
Budget Saudi Arabia Reports Strong Full-Year 2025 Financial Performance
Saudi Arabia Expands Investment in Capcom With Stake Reaching Six Percent
Saudi Arabia Assesses Significant Economic Impact From Regional Conflict Involving Iran
US Beef Secures Expanded Market Access in Saudi Arabia
Jordan and Saudi Arabia Declare Absolute Solidarity in Response to Iranian Threats
Saudi Arabia Raises Oil Prices to Record Premium Amid Strong Market Demand
California’s Salton Sea Emerges as Strategic Lithium Hub for Clean Energy Future
Iranian Drone Strike on US Embassy in Saudi Arabia Reportedly Targeted Intelligence Facility
Saudi Deputy Foreign Minister Meets French Embassy Official to Strengthen Bilateral Engagement
Saudi Arabia Calls on United States to Seize Strategic Opportunity to Reshape Middle East
Dating Apps Surge in Saudi Arabia as Social Norms Rapidly Evolve Among Youth
Saudi Arabia Detains Over Fourteen Thousand Illegal Residents in Week-Long Enforcement Drive
Saudi Foreign Minister Engages in Diplomatic Talks with Pakistan, Kuwait and Latvia on Regional Developments
Saudi Arabia Intercepts Cruise Missile as Regional Tensions Intensify
Saudi Stock Market Edges Higher as Tadawul Index Records Modest Gain
Underlying Rivalry Between Saudi Arabia and UAE Persists Despite Temporary Calm
Saudi Arabia’s Non-Oil Sector Contracts in March as Regional Tensions Weigh on Business Activity
Saudi Arabia Unveils Ambition to Establish Prestigious Global Prize Rivaling the Nobel
Saudi Crown Prince to Engage Wall Street in Push for Investment and Economic Expansion
Iran Accuses Saudi Arabia and UAE After Downing of Chinese-Made Drone
Saudi Arabia Condemns Attack on Hospital in Sudan, Calls for Protection of Civilians
Coordinated Drone Strike Targets CIA Facility Within US Embassy in Saudi Arabia
Italy’s Meloni Prioritises Energy Security and Strait of Hormuz Stability During Gulf Tour
Uncertainty Emerges Over Timeline and Direction of Saudi Arabia’s Ambitious Ski Resort Project
UAE and Saudi Arabia Escalate Strategy with Drone Operations Targeting Iran
Trump Delivers Characteristic Remarks on Saudi Crown Prince Amid Intensifying Iran Conflict
×