It encompasses augmented and virtual reality.
In September, Facebook committed $50 million towards building the metaverse, where companies like Roblox Corp and “Fortnite” maker Epic Games have an early foothold.
What is metaverse?
The term is believed to have been coined by Neal Stephenson in his 1992 novel ‘Snow Crash’.
“The metaverse has the potential to help unlock access to new creative, social, and economic opportunities. And Europeans will be shaping it right from the start,” Facebook said in a blog post.
The new jobs being created over the next five years will include “highly specialised engineers”.
In the latest in the series on life-changing technologies, PA Consulting’s experts explain how leaders from all sectors can innovate for sustainability and climate response, in more concrete and impactful ways
Miners earn money by creating new Bitcoins, but the computing power needed to do it consumes large amounts of energy.
They audit Bitcoin transactions in exchange for an opportunity to acquire the digital currency.
Global mining requires enormous computing power, which in turn uses huge amounts of electricity, and consequently contributes significantly to global emissions.
The CBECI, which is produced by the Cambridge Centre for Alternative Finance, tracks the geographic distribution of computing power used for mining Bitcoin – receiving data from a number of commercial Bitcoin mining pools.
The latest data, which covers the four months to the end of August, suggests that most Bitcoin mining (35.4%) is now US based, with Kazakhstan (18.1%) second and Russia (11%) third.
The hit Netflix show draws from schoolyard games played in Korea—and thankfully, the stakes are much lower IRL.
Windows 11 is now available and will be rolling out to millions of PCs worldwide. But, as with any new OS rollout, it’s not going to happen overnight, and many Windows users will be waiting for a while until that magic upgrade notice appears. Don’t want to wait? You don’t have to — you can, with just a little effort, download and install the new version of Windows right now.
Facebook’s outage came a day before whistleblower Frances Haugen was set to testify before Congress about her experiences at the company. Haugen, a former Facebook product manager who worked on its Civic Integrity group, provided a trove of internal Facebook documents to reporters at the Wall Street Journal. She told 60 Minutes on Sunday that Facebook “pays for its profits with our safety.”
Running Windows 7 or 8? Better luck next time. Microsoft won’t offer a free upgrade path for those operating systems. Besides, chances are your system won’t be compatible anyway.
Of course, that base of more than a billion Windows 10 users is the most critical to Microsoft. If people fear the upgrade, then 11 will be remembered as no more than a Windows Vista.
Bezos steps down from Amazon on Monday – exactly 27 years after he founded it.
In that time he has developed a series of unusual leadership principles – which some argue are the backbone of his success. Others believe they speak to everything that is wrong with Big Tech.
Talk to anyone who’s ever worked at Amazon, and you don’t have to wait long before you hear the phrase “customer obsession”.
WhatsApp has launched its first major privacy-focused advertising campaign in the UK. It follows a customer backlash against changes to its terms and conditions, announced earlier this year. The platform Read more…
Otun Anthony is a digital designer with experience in web and software development, extracting and analysing data, as well creating comprehensive analytical reporting using statistical methodologies.
Experienced Graphic Designer with years of experience in Graphics development, Publishing, Motion graphics and Video editing.