Facebook Metaverse Investment

This investment in new jobs is a vote of confidence in the strength of the European tech industry and the potential of European tech talent the company said. Read more on FB stock here.

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Bloomberg -- Facebook Inc.

Facebook metaverse investment. Said it will create 10000 new high-skilled positions in Europe within the next five years as part of the social media giants push to develop a metaverse -- but the. Facebook has announced 50 million about Rs 3706 crore investment in global research and programme partners to ensure that metaverse is developed responsibly. Facebook also said in July it was creating a product team to work on the metaverse which would be part of Facebook Reality Labs its augmented reality and virtual reality group.

Metaverse - according to the. Facebooks diversification into the metaverse is unfocused and current results look as if they dont have customer interest in mind.

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