Nothing is set in stone, including the names of top companies.
Jack Dorsey, who recently announced his decision to step down from his CEO role from Twitter, said that he is changing the name of his payment company Square (SQ) - Get Square, Inc. Class A Report to Block.
"We built the Square brand for our Seller business, which is where it belongs," Dorsey, said in a press statement. "Block is a new name, but our purpose of economic empowerment remains the same."
In addition, a part of the company named Square Crypto will change its name to Spiral, however, the company will not alter its organizational structure or respective brands.
The move, which will be effective as of Dec. 10, arrives as the company attempts to extend its reach beyond its seller platforms and toward crypto offerings, a passion Dorsey has previously expressed keen interest in.
"Facebook is an iconic social media brand but increasingly it just doesn't encompass everything that we do," Meta CEO Mark Zuckerberg said.
In 2015, tech giant Google changed its name to Alphabet (GOOGL) - Get Alphabet Inc. Class A Report whereas in 2017 Coach, a luxury fashion holding company, was rebranded to Tapestry (TPR) - Get Tapestry, Inc. Report.
Take a trip down memory lane and watch the video above for a few other name changes you may have forgotten about.