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
-
German Forces Commander Ended his Mission at Mam Jalal's Grave
12:28 PM - 2024-04-23 -
Golden Bla Awards Ceremony Takes Place in Sulaymaniyah
11:32 AM - 2024-04-23 -
PUK Official: PUK is Committed to Holding Elections on Time
11:04 AM - 2024-04-23 -
Turkish President Meets Kurdish Officials in Erbil
10:42 AM - 2024-04-23
see more
Kurdistan 10:31 PM - 2024-04-26 Officials Call for Urgent Investigation Into Khor Mor Gas Field Attack
Another International Report Mentions Kurdistan's Limited Freedom
09:24 PM - 2024-04-25
U.S. State Department Mentions Deterioration of Journalists' Rights in Iraq & Kurdistan
06:48 PM - 2024-04-25
10 Notable Individuals Receive Golden Bla Award
09:27 PM - 2024-04-23
DPM Talabani Asks Turkish President to Lift Ban on Sulaymaniyah Airport
11:43 AM - 2024-04-23
Most read
-
Officials Call for Urgent Investigation Into Khor Mor Gas Field Attack
Kurdistan 10:31 PM - 2024-04-26