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Monday 18 October 2021

Europe - #metaverse Facebook Invests in 10,000 EMEA Jobs | Bloomberg Markets and Finance


18 October 2021


Nicola Mendelsohn, global business group vice president at Facebook Inc., discusses the company’s plan to create 10,000 new positions in Europe over the next 5 years, the creation of a “metaverse” and the issues the firm faces with the supply chain. She speaks on “Bloomberg Markets: European Open.” (Source: Bloomberg)


The word "Metaverse" is made up of the prefix "meta" (meaning beyond) and the stem "verse" (a back-formation from "universe"); the term is typically used to describe the concept of a future iteration of the internet, made up of persistent, shared, 3D virtual spaces linked into a perceived virtual universe. The metaverse in a broader sense may not only refer to virtual worlds, but Internet as a whole, including the entire spectrum of augmented reality.


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