Facebook is a giant, multi million dollar social media network ,has spread all over the world.Facebook also owns companies like Instagram,WhatsApp,Massenger and Oculus. International media reveal that Facebook is going to change their name most probably in next week. Media reports that, Facebook CEO Mark Zuckerberg plans to discuss about this name change on October 28 at company's annual connect conference. This could be similar action to Google create it's parent company Alphabet Inc.According to reports this can be lead to the creation of an umbrella company to manage operations of Facebook,Instagram,WhatsApp and Oculus.