Facebook plans to hire 10,000 in EU to build 'metaverse'

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Facebook said it plans to create 10,000 jobs in the EU over the next five years to build a 'metaverse'

- an online world where people can use different devices to move and communicate in a virtual environment.

"No one company will own and operate the metaverse," Nick Clegg, Facebook's vice president of global affairs, wrote in a blog. "Bringing this to life will take collaboration and cooperation across companies, developers, creators and policymakers." The coronavirus pandemic has shifted much of the office meetings online, leading to the rise of conferencing apps such as Zoom, and big tech companies are looking to capitalize on this shift.A 3D-printed Facebook logo is seen placed on a keyboard in this illustration taken March 25, 2020.

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