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10/18, 12:29 AM (Source: TeleTrader)
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Facebook to create 10,000 jobs in EU in five years

Facebook Inc. announced it will create 10,000 high-skilled jobs in the European Union over the next five years. The company stated the workforce will support its "metaverse" project, which will "require continued investment in product and tech talent, as well as growth across the business." In a blog post, Facebook explained the EU has a number of advantages, including "a large consumer market, first-class universities and, crucially, top-quality talent."

The tech giant described the metaverse as "a new phase of interconnected virtual experiences using technologies like virtual and augmented reality. At its heart is the idea that by creating a greater sense of 'virtual presence,' interacting online can become much closer to the experience of interacting in person. The metaverse has the potential to help unlock access to new creative, social and economic opportunities."

Breaking the News / DJ