The company said it would better "encompass" what it does, as it broadens its reach beyond social media into areas like virtual reality (VR).
The change does not apply to its individual platforms, such as Facebook, Instagram and Whatsapp, only the parent company that owns them.
Fueled by strong quarterly growth in its Azure cloud-computing business, Microsoft's shares jumped 4.2% to end at a record $323.17, elevating the software maker's market capitalisation to $2.426 trillion.
This was just short of Apple's $2.461 trillion valuation, according to Refinitiv data.
For the first time ever, popular pizza delivery chain Papa John’s is offering its customers the chance to order pizza via Morse code to celebrate its partnership with Call of Duty® and the new World War II game, Vanguard.
Hinge becomes the first dating app to add audio to profiles across the globe and encourages users to move from selfie to self-expression.
An economy with high wages, productivity and innovation must prioritise tech-led growth in the upcoming UK Budget and Spending Review, according to trade association TechUK.