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Facebook assembles team to build ‘metaverse’

The “metaverse,” a term coined by sci-fi writer Neal Stephenson, refers to a shared online world in which multiple users can hang out, spend money, consume media and potentially even work.

August 18, 2021 / 14:10 IST
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Facebook on Monday said it was combining specialists from across its hardware, gaming and virtual reality units to build an immersive digital world known as the “metaverse.”

The “metaverse,” a term coined by sci-fi writer Neal Stephenson, refers to a shared online world in which multiple users can hang out, spend money, consume media and potentially even work.

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The project is seen as central to Facebook’s future by CEO Mark Zuckerberg.

“Today we’re standing up a Metaverse product group… to bring together the teams focused on responsibly building this ambitious work,” Facebook executive Andrew Bosworth said in a post. “The defining quality of the Metaverse will be presence — the feeling of really being there with people.”