Facebook plans to hire 10,000 in EU to build 'metaverse'
Technology 09:28 AM - 2021-10-18Mark Zuckerberg has been a leading voice on the metaverse, Photo Credit; AFP VIA GETTY IMAGES
Facebook Inc (FB.O) plans to hire 10,000 in the European Union 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 $50 million towards building the metaverse, where companies like Roblox Corp (RBLX.N) and "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 Reality Labs, 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."
PUKmedia / Reuters
More news
-
Iraqi President Emphasises Building Strong Relations with U.S.
12:46 PM - 2024-03-24 -
Barham Salih Joins Harvard as Senior Fellow
12:07 AM - 2024-03-24 -
Iraqi First Lady, Japanese Ambassador Discuss Humanitarian Cooperation
07:50 PM - 2024-03-23 -
PUK Strongly Condemns Moscow Terrorist Attack
02:12 PM - 2024-03-23
see more
President Bafel Arrives in Russia to meet Foreign Minister
10:02 PM - 2024-03-28
First Lady to Women Journalists: Women Should Support One Another
10:23 AM - 2024-03-28
Qubad Talabani: Our Primary Focus is Kurdistan Region's Budget & Salary Issues
08:45 PM - 2024-03-27
IHEC: Most of the Parties and Coalitions Have not Nominated Candidates
03:58 PM - 2024-03-26
Most read
-
President Bafel Arrives in Russia to meet Foreign Minister
News 10:02 PM - 2024-03-28 -
PUK President: PUK Upholds the Policy of Seeking Peaceful Solutions
News 12:14 AM - 2024-03-29