{"id":12826,"date":"2021-09-28T15:28:05","date_gmt":"2021-09-28T19:28:05","guid":{"rendered":"https:\/\/www.technewsday.com\/?p=12826"},"modified":"2021-09-29T08:51:18","modified_gmt":"2021-09-29T12:51:18","slug":"facebook-invests-50-mln-to-build-the-metaverse","status":"publish","type":"post","link":"https:\/\/technewsday.com\/staging\/facebook-invests-50-mln-to-build-the-metaverse\/","title":{"rendered":"Facebook Invests $50 mln to Build the &#8216;Metaverse&#8217;"},"content":{"rendered":"\n<p>Facebook is investing $50 million to work with various organizations to responsibly build the so-called Metaverse &#8211; a digital world where people can use a variety of devices to move and communicate in a virtual environment.<\/p>\n\n\n\n<p>The planet&#8217;s largest social media platform has invested heavily in virtual reality and augmented reality, developing hardware such as Oculus VR headsets, as well as AR glasses and wristband technology.<\/p>\n\n\n\n<p>The new XR Programs and Research Fund would invest the money globally over two years to ensure metaverse technologies are &#8220;built in a way that&#8217;s inclusive and empowering,&#8221; Facebook said.<\/p>\n\n\n\n<p>Facebook plans to work with researchers in four areas, including privacy and security, to allow users to get help if things they see in the metaverse makes them uncomfortable.<\/p>\n\n\n\n<p>Facebook added that it would also conduct research on how to develop technologies that are inclusive and accessible to all users and that foster competition in the emerging sector.<\/p>\n\n\n\n<p>Announced partners for Facebook&#8217;s new Metaverse fund are Howard University in Washington, D.C., which will launch research into the history of diversity in information technology and how this could affect Metaverse opportunities.<\/p>\n\n\n\n<p>On the other hand, Seoul National University and the University of Hong Kong will conduct research in the areas of safety, ethics and responsible design.<\/p>\n\n\n\n<p>For more information, you may view the original story from Reuters.<\/p>\n\n\n<p>For more information, view the <a href=\"https:\/\/www.reuters.com\/technology\/facebook-invests-50-mln-build-metaverse-responsible-manner-2021-09-27\/\" target=\"_blank\" rel=\"noopener\">original story<\/a> from Retuers.<\/p>","protected":false},"excerpt":{"rendered":"<p>Facebook is investing $50 million to work with various organizations to responsibly build the so-called Metaverse.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[35],"tags":[43],"class_list":["post-12826","post","type-post","status-publish","format-standard","hentry","category-social-networks","tag-facebook"],"acf":[],"_links":{"self":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/12826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/comments?post=12826"}],"version-history":[{"count":3,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/12826\/revisions"}],"predecessor-version":[{"id":12875,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/12826\/revisions\/12875"}],"wp:attachment":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/media?parent=12826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/categories?post=12826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/tags?post=12826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}