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With its social media biz under siege, Facebook looks to build a new 'metaverse' empire

Added 10-22-21 07:03:02pm EST - “Not content with this world, Facebook believes it can build a new reality.” - Washingtontimes.com

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Posted By TheNewsCommenter: From Washingtontimes.com: “With its social media biz under siege, Facebook looks to build a new ‘metaverse’ empire”. Below is an excerpt from the article.

Amid a crush of bad publicity, governmental scrutiny and growing competition for its social media business, the company is hiring workers and making products to create the “metaverse.”

On the company’s blog, Facebook vice presidents Nick Clegg and Javier Olivan described the metaverse as a new computing platform and “a new phase of interconnected virtual experiences using technologies like virtual and augmented reality.”

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The expansion of the Facebook empire would position the social media giant to compete with tech manufactures such as Google and Apple, who also host Facebook apps.

Facebook’s new products are designed to remove barriers between the physical and digital worlds. For example, Facebook said in March it was building a neural wristband to allow people to type while moving their fingers without using a keyboard. The company insisted the product would not involve “mind reading.”

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