• Our Team
  • Contact us
Tuesday, May 30, 2023
No Result
View All Result
TechieGuard
  • Crypto News
  • Finance News
  • Gadgets News
  • Gaming News
  • General News
  • Tech News
  • Crypto News
  • Finance News
  • Gadgets News
  • Gaming News
  • General News
  • Tech News
No Result
View All Result
TechieGuard
No Result
View All Result
Home General News

Facebook hires 10,000 people in the EU for its Metaverse project

November 18, 2021
in General News, Tech News
2 min read
0
facebook metaverse
0
SHARES
53
VIEWS
Share on FacebookShare on Twitter

Social media giant, Facebook intends to recruit as many as 10,000 employees in Europe to create a ” metaverse” that will blend the technology of augmented and virtual reality in a brand new virtual world.

It was reported that the US tech giant revealed the hiring drive on Sunday, saying that it would be carried out over the course of five years. Facebook claimed the move was a “vote of confidence” in the European tech industry and its employees.

RelatedPosts

AstraZeneca & Pfizer Vaccine’s Antibody Level Declines in 3 Months: Study

Facebook rolls out AI Powered Systems to Detect Misleading Information

Wildfires Caused Unprecedent Disaster in Southern Europe

The concept for the metaverse lies in creating a world like an internet in which users (via virtual avatars) are able to walk through and interact with each other in real-time. In theory, they can sit at a virtual table with colleagues from afar and then stroll over to an online Starbucks to catch up with a person who lives in a different country.

Facebook is facing competition to develop the metaverse, with immersive gaming platforms like Roblox as well as Epic Games, the maker of Fortnite. Similar initiatives have been in process since 2003, the year that Linden Lab launched a virtual world known as Second Life.

Facebook declared that the metaverse had announced that the metaverse won’t be run or owned by any single company.

Facebook said it was “an exciting time” for Europe’s tech industry, stating that it has the advantages of” a huge market for consumers, top-quality universities, and, most importantly the best talent.”

The owners of Instagram and WhatsApp have announced AI investment in research and development in France as well as a new headquarters in Ireland as proof that shows its support for the region.

However, it’s also a time of increasing examination of the company from EU as well as UK regulators.

June in June, The European Commission launched an investigation to determine if Facebook violated EU competition laws through the use of data from the advertisers who use its platforms to compete with them. It is also investigating whether the UK Competition and Markets Authority are also looking into Facebook’s use of personal data.

The pressure on Facebook is mounting from legislators on both sides of the Atlantic following the revelations of a whistleblower who made public allegations that Facebook has repeatedly put profit over public benefit.

Gracia Lee

Gracia is graduated from a reputed university in London. She is a senior content writer at TechieGuard, where she covers media and advertising and co-hosts the Original Content podcast.

Next Post
Popular GTA Trilogy re-listed on Rockstar’s Game Launcher for PC

Popular GTA Trilogy re-listed on Rockstar's Game Launcher for PC

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Clubhouse allows Indian users to make money through the platform

Clubhouse allows Indian users to make money through the platform

2 years ago
Facebook stock slips amid accusation of Killing with Vaccine Misinformation

Facebook stock slips amid accusation of Killing with Vaccine Misinformation

2 years ago

Popular News

    About Us

    At TechieGuard we publish Latest Tech, Crypto and Finance News. We also publish press release , we do gadgets reviews and much more.

    Category

    • Crypto News
    • Finance News
    • Gadgets News
    • Gaming News
    • General News
    • Tech News

    Latest

    • Microsoft adds 5 New Games to Xbox Game Pass Subscription
    • Gaming Company Ubisoft Plans to open Entertainment Center and Theme Park

    Contact Us

    Address - Salarpuria Symbiosis, Begur Hobli, Bannerghatta Main Rd, Arekere, Bengaluru, Karnataka 560076

    Email - [email protected]

    • About Us
    • Contact us
    • Editorial Policy
    • Our Team
    • Privacy Policy
    • Terms And Conditions
    • Use Of Cookies

    © 2021 TechieGuard. All Rights Reserved.

    No Result
    View All Result
    • Crypto News
    • Finance News
    • Gadgets News
    • Gaming News
    • General News
    • Tech News

    © 2021 TechieGuard. All Rights Reserved.