Facebook Building Metaverse

Facebook plans to create 10,000 jobs in the European Union over the next 5 years in a push to build a digital world known as the “metaverse,” a term used to describe digital worlds in which multiple people can interact within a 3D environment. The social media giant said on Sunday it would hire high-skilled engineers in countries across the bloc. The company is focusing its recruitment drive on Germany, France, Italy, Spain, Poland, the Netherlands and Ireland. Facebook recently unveiled what it called its first step into the metaverse — a work collaboration app where people hold meetings in virtual reality. A number of other companies, including Microsoft, Roblox and Epic Games are investing heavily in their own versions of the metaverse.