Mark Zuckerberg wants to transform his social networking company into one made for the "metaverse." It's a concept in which the physical world, along with the virtual and augmented ones come together. Facebook is looking to make a significant investment in the space, and it's not the only one. Learn more about the metaverse, what Zuckerberg sees in it, and what other companies like Epic Games, Minecraft and Roblox have done already.
As June came to an end, Facebook CEO Mark Zuckerberg told his employees about an ambitious new initiative. The future of the company would go far beyond its current project of building a set of connected social apps and some hardware to support them. Instead, he said, Facebook would strive to build …
Following the quarterly release of Facebook’s earnings numbers where the company’s CFO takes time to walk through the nitty gritty of the company’s financials, CEO Mark Zuckerberg took a moment to zoom out and wax on the company’s future goals, specifically calling out his ambitions to turn …
There were 20 mentions of the term on Facebook's recent hour-long call earnings call, indicating just how much the idea has emerged in recent months. It’s either the next evolution of the internet or the latest corporate buzzword to get investors excited over some nebulous innovation that may not …
Facebook's problems aren’t sexy to solve, so it found another challenge. Facebook mastered social media by giving people an easy way to share their …
Mark Zuckerberg has laid out his vision to transform Facebook from a social media network into a “metaverse company” in the next five years. A metaverse is an online world where people can game, work and communicate in a virtual environment, often using VR headsets. The Facebook CEO described it as …
July 26 (Reuters) - Facebook is creating a product team to work on the "metaverse," a digital world where people can move between different devices and communicate in a virtual environment, CEO Mark Zuckerberg said on Monday. The team will be part of the company's virtual reality organization, the …
Facebook paid $2 billion for a virtual-reality headset maker. Now we learn why: The social network wants to build the first billion-person game. A few months ago, jaws dropped as Facebook shelled out $2 billion to purchase Oculus VR, a virtual-reality headset company started on Kickstarter. Nobody …
This article is a WTF explainer, in which we break down media and marketing’s most confusing terms. More from the series → The successor to the …
