The company has announced several major new technologies. She added, "In 15 years time the metaverse will be the next stage or the next generation - a place that will make us feel that we are sharing space together." There is no intention to replace the physical space or spend more time on screens - but to make time we already spend in the digital space better," she explained. ![]() "It's thinking about the Internet in a way that you are immersed in it and not just looking at it. She explained that Facebook has had different brands and products and this step is designed to create an overall company that will amalgamate all the apps and technologies under one brand, "but there will still be Facebook, Instagram and WhatsApp," she clarified. This is a very natural development for us as a company and in practice it also solves the confusion that there has been about our company." Mendelsohn said, "Our vision for the metaverse is in effect, and that is also the reason for the name change, our commitment to help revive the collective vision of the metaverse. Many of the services in this area that the tech giants and startups have tried to operate were quickly dead and buried. In the next decade, about one billion users will be in the metaverse and they will transfer their social, family and career experiences into this space. Zuckerberg and Meta have presented an ambitious vision and some say it is too ambitious. Meta is not the first company to have announced services or products in the field of virtual reality. All you'll need to do is put on your virtual reality headsets, create an avatar and meet friends, work, go to events and performances, play sports - and in effect the sky is the limit. Zuckerberg announced that the company will invest $1 billion in virtual reality in the coming years, so that everybody will be able to create a virtual reality alongside their real lives. ![]() ![]() cofounder and CEO Mark Zuckerberg himself said, "We believe that the metaverse is the natural heir to the Internet, which will provide a richer social experience and allow all of us to feel the presence of each other anywhere in the world.
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