Facebook creates 10,000 EU jobs to build the metaverse

Published

3 years ago

October 18, 2021

Facebook has announced 10,000 jobs in the EU to help build the ‘metaverse’

The tech giant is developing a metaverse — a new phase of interconnected virtual experiences using technologies like virtual and augmented reality.

No one company will own and operate the metaverse… bringing this to life will take collaboration and cooperation across companies, developers, creators and policymakers.

For Facebook, it will require continued investment in product and tech talent, which is why Facebook will create thousands of new jobs.

Europe is hugely important to Facebook,b and as the tech giant brings the metaverse to life.. it needs highly specialised engineers too.

In a statement, Facebook said it looks forward to working with governments across the EU to find the right people and the right markets to take this forward.

At this stage the new roles will only be in the EU but it hasn’t ruled out further extension to the rest of the world

Tesla’s robotaxi reveal sparks excitement

Published

4 days ago

October 11, 2024

Ahron Young

Analysts and investors are eagerly awaiting Elon Musk’s big reveal—a fully functional autonomous vehicle that could revolutionise ride-hailing.

Tesla’s stock has soared 52% since Musk first announced the event in April, reflecting high hopes for the launch of its much-anticipated robotaxi.

The vehicle, dubbed the “Cybercab,” is said to be a sleek, two-seater without a steering wheel or pedals—straight out of the future.

Tesla also teased a ride-hailing app that will summon these driverless cars to pick up riders at their chosen locations.

Not convincing

But not everyone is convinced—some analysts warn that while Musk’s vision is bold, the timeline for these innovations may not deliver immediate results.

Musk has a history of overpromising on autonomous tech, and this event might be more about grand ideas than tangible products.

Tesla first floated the robotaxi idea in 2016, with Musk hinting at a future where owners could lease their cars to others for extra income.

If the software keeps pace with Musk’s ambitions, the future of driverless Teslas might be closer than we think.

Amazon’s 2024 Prime Day expected to make huge impact on tech sector sales

Published

6 days ago

October 9, 2024

ticker NEWS

Market experts believe Amazon’s upcoming event will drive a surge in sales, benefiting Amazon’s stock and boosting consumer tech companies that sell through its platform.

Experts predict that a short-term rally in retail and tech stocks could be seen as revenue spikes.

Founder/CEO of Unearthing Opportunities, and Board Advisor to Power Hero, Bradley A Gastwirth joins to unpack the latest market moves. #featured #trending