Facebook's Zuckerberg kicks off its virtual reality event with metaverse vision
Reuters
Published Oct 28, 2021 18:43
By Elizabeth Culliford and Sheila Dang
(Reuters) -Facebook Inc CEO Mark Zuckerberg said privacy and safety need to be built in to the metaverse, as he opened the company's annual virtual and augmented reality conference on Thursday.
Facebook (NASDAQ:FB) continues to battle criticism over its market power, its content moderation practices and harms linked to its social media platforms.
In the latest controversy, whistleblower and former Facebook employee Frances Haugen https://www.reuters.com/technology/facebook-sees-safety-cost-whistleblower-says-2021-10-25 leaked documents which she said showed the company chose profit over user safety. Zuckerberg earlier this week said the documents were being used to paint a "false picture."
The metaverse refers broadly to a shared virtual environment which can be accessed by people using different devices. Zuckerberg has increasingly been promoting the idea of Facebook, which has invested heavily in augmented and virtual reality, as a "metaverse" company https://www.reuters.com/technology/facebook-sets-up-new-team-work-metaverse-2021-07-26 rather than a social media one.
The CEO, speaking during the live-streamed Facebook Connect event, gave examples of privacy and safety controls such as the ability to block someone from appearing in your space in the metaverse.
Get The App
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.