Mark Zuckerberg in November last year rebranded Facebook under a new name, Meta, depicted by a loopy infinity logo. As suggested by the new moniker, the social networking mammoth is gearing up to work on metaverse projects. In order to strengthen its team with the best minds, Meta is reportedly roping in tech workers from Apple and software giant Microsoft, especially targeting their team of Augmented Reality (AR). In the metaverse, which can be described as the future of the Internet that could support a functional virtual universe, AR will make for a vital element.
Around 100 staffers from Microsoft’s HoloLens AR headsets team have resigned and joinedover the last year, a by the Wall Street Journal said.
When a similar pattern of former employees joining Meta was observed by, the iPhone-maker began counteracting to retain its staff.
According to aFrom December 2021, Apple has introduced lucrative stock options and bonuses worth between $50,000 (roughly Rs. 36 lakh) and $180,000 (roughly over Rs. 1 crore) for its employees.
Speaking about the goals of Meta, its vice president,had revealed last year that the company is building itself for the ,
While the concept of the metaverse is still catching up among tech-enthusiasts, Clegg said it was essential for Meta, formerly, to rush into the space.
In the words of, the metaverse future will allow people to teleport instantly as a hologram to be “at the office without a commute, at a concert with friends, or in your parents’ living room to catch up”
The metaverse technology is seemingly on the rise. Both, Apple as well ashave also shown interest in the sector.
Last yearCEO had spoken in favor of the metaverse concept.
The metaverse is here, and it’s not only transforming how we see the world but how we participate in it – from the factory floor to the meeting room. Take a look.
— Satya Nadella (@satyanadella)
There are also speculations that Apple could release a mixed-reality (MR) headset for its vision of metaverse later this year, afrom Benzinga said recently.
Bloomberg Intelligence reportedlythe market opportunity for the metaverse to reach $800 billion (roughly Rs. 59,58,719 crore) by 2024.
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