What is the metaverse, the project for which Facebook is willing to change its name

These are hard times for Facebook. The American company led by Mark Zuckerberg faces a serious reputational crisis due to the latest episodes, from the global fall of the service to the serious accusations made by former employee Frances Haugen.

Haugen accused Facebook, among many other things, of put your benefits before the safety of users and of hide the harmfulness of their platforms from minors, fostering social division and weakening democracy.

After these scandals, the company considers a name change, according to the specialized portal The Verge. This supposed modification, which could be announced by Zuckerberg himself at the end of the month, would seek to move the company away from the social network image and focus on a new project: the metaverse.


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What is the metaverse?

Facebook is working on developing the next chapter of the Internet, which it has called metaverse, a Virtual environment for the online interaction for which the company has announced that it will create 10,000 new jobs throughout the European Union.

The metaverse, as conceived by the American company, is a new phase of interconnected virtual experiences through the use of technologies such as virtual reality and the augmented reality. In this environment you can be present with other people in digital spaces and the feeling of presence will acquire great importance.

Metaverse development

Facebook has announced the creation of 10,000 highly qualified jobs in the European Union

For Facebook’s VP of Global Affairs, Nick clegg, and the vice president of Core Products, Javier Oliván, create a greater sense of virtual presence, the online interaction it can be very similar to the one that occurs in person. Thus, in his view, the metaverse has the potential to help unlock the access to new creative, social and economic opportunities.

For the development of this metaverse, Facebook has announced the creation of 10,000 new jobs highly qualified in the European Union for the next five years. The company will initially prioritize the search for highly specialized engineers.

The two senior executives of Facebook have ensured that actively work with governments throughout the European Union to find the right people and markets for the development of this project. Spain is also included in the tech giant’s plans.

The company assures that this investment is a confidence vote in the fortress of the European technology industry and in the potential of European technological talent. He has yet to determine where will you locate these new positions within the Union. He will announce it in due time.

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