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    Facebook hires 10,000 workers in the EU to build a “metaverse”

    Facebook Ltd

    FB -1.15%

    Plans to create 10,000 jobs in the European Union over the next five years and build a virtual territory that is a key factor in the future and is considered a major driver of new technology investment.

    US social media giants work on Sunday with highly skilled labor in the region to help users build the “metaverse,” an online domain that interacts with each other using technologies such as virtual reality and augmented reality. Announced that it will start recruiting activities for people. The company said it will focus on recruitment in Germany, France, Italy, Spain, Poland, the Netherlands and Ireland.

    In a blog post, Facebook said the investment was “a vote of confidence in the strength of the European technology industry and the potential of European engineers.”

    “The need for highly specialized engineers is one of Facebook’s most pressing priorities as we embark on a journey to bring the Metaverse to life,” he said.

    Congressmen liken Facebook and Instagram tactics to tobacco industry tactics. Joanna Stern of the WSJ will review both hearings to find out what tobacco regulation can tell us about what’s coming to Big Tech.Photo Illustration: Adele Morgan / Wall Street Journal

    Facebook CEO

    Mark Zuckerberg

    Layout His vision for the Metaverse During the summer, it will be described as the successor to the mobile internet, which will be a major driver of new technology investment. Last month, the company announced plans to invest $ 50 million to build virtual space, noting that it could take 10 to 15 years for some of it to be fully developed.

    Under development by another major tech company Hardware and software products for the Metaverse, Or a unique virtual world within it.

    Nvidia Ltd

    ,

    Roblox Ltd

    , Epic Games Inc.and

    Microsoft Ltd

    Facebook’s EU adoption announcement will take place during the discussion of multiple legislative packages that Brock is aiming for. Take control of power For big tech and social media companies, the rules are backed by the authority to impose large fines. Facebook said it welcomed new regulations, including some of the EU bill, but also expressed concern about some of those factors.

    “The EU also has an important role to play in shaping the new rules of the Internet,” Facebook said in a blog post on Sunday by incorporating the European values ​​shared by Facebook.

    Facebook is below Strengthening regulatory scrutiny Following a series of articles by The Wall Street Journal, on both sides of the Atlantic, partly based on the company’s extensive internal communications, Unprecedented appearance In the struggle to manage the products and systems that are at the heart of Facebook’s business success.

    The article was helpful Accelerate Senate Hearing In late September and October.

    Facebook states that the internal investigation was out of context. The journal states that it supports the report.

    Write in Ben Otto ben.otto@wsj.com

    Copyright © 2021 DowJones & Company, Inc. all rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

    Facebook hires 10,000 workers in the EU to build a “metaverse”

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    The post Facebook hires 10,000 workers in the EU to build a “metaverse” appeared first on Eminetra.

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