10/28/2021, 7:09 PM (Source: TeleTrader)
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Zuckerberg introduces metaverse, successor to mobile internet

Facebook chief executive officer Mark Zuckerberg introduced during his company's Connect 2021 event on Thursday a new online virtual realm metaverse, which allegedly should become "the successor to the mobile internet."

Zuckerberg detailed the company's plans to use virtual reality and augmented reality tools to create the metaverse experience, driving the focus away from hardware devices to social experiences similar to those in offline life and physical locations.

The forecast is that the metaverse format will become mainstream in 5 to 10 years. According to the Facebook executive, the goal is to also create an economy within metaverse where creators and developers would be able to make a living.

Baha Breaking News (BBN) / LH