Now it’s to the metaverse and beyond for Facebook

The company has committed $50m towards building the project in Europe

Facebook has launched a test of a new virtual-reality remote work app.
Facebook has launched a test of a new virtual-reality remote work app. (123RF/KATISA)

Facebook plans to hire 10,000 people in the EU over the next five years, the social media giant said on Monday, to help build the so-called metaverse — a nascent online world where people exist and communicate in shared virtual spaces.

This would be a significant step the company is taking towards the concept, something top boss Mark Zuckerberg has touted in recent months.

In September, Facebook committed $50m towards building the metaverse, where companies such as Fortnite maker Epic Games have an early foothold.

The company earlier launched a test of a new virtual-reality remote work app where users of the company’s Oculus Quest 2 headsets can hold meetings as avatar versions of themselves.

Facebook also said in July it was creating a product team to work on the metaverse which would be part of Facebook RealityLabs, its augmented reality and virtual reality group.

“This investment (in new jobs) is a vote of confidence in the strength of the European tech industry and the potential of European tech talent,” the company said.

“Europe is hugely important to Facebook.”

– Reuters

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