Facebook creates 10,000 EU jobs to build the metaverse

Published

2 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

Ticker News is available on podcast apps and iHeartRadio

Published

3 weeks ago

September 1, 2023

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Tech

Meta to launch microblogging competitor in wake of Twitter backlash

Published

3 months ago

July 5, 2023

ticker NEWS

The recent backlash against Musk’s proposed tweet cap could prove to be the perfect time to launch the competitor

Meta Platforms, the company behind Facebook, plans to launch a microblogging app called Threads on Thursday, to operate as a direct competitor to Twitter.

The launch comes just days after Twitter boss Elon Musk attracted criticism by announcing limits to how many posts users could read on the platform.

Threads will allow users to directly port their followers from Instagram, another app owned by the company, and to keep the same username. This feature will allow users to supercharge the often slow process of building a following on the new site.

While other apps such as Mastodon and Blue Sky have failed to present much of a challenge to Twitter, Threads is launching after a period of intense criticism and scepticism of Twitter, which followed Musk’s US$44 billion purchase of the platform in 2022.

Musk has made significant staffing cuts in areas like content moderation which has caused a rift with advertisers. He has also implemented several elements such as an US$8 per month account verification system which has proved unpopular with users.

Instagram boasts roughly 2.3 billion users compared to Twitter’s almost 400 million, which poses a significant user advantage from which to draw from.