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Evening Standard
Evening Standard
Business
Simon Hunt

UNCOVERED: Will everyone be welcome in the metaverse - The Untold Story

Meta’s answer to address concerns of abuse in the virtual world is building a “personal boundary” — an invisible space around avatars which blocks unwanted interactions

(Picture: Meta)

The tech giant formerly known as Facebook is betting the virtual farm on the metaverse being the next big thing. As well as changing its parent name to Meta, Mark Zuckerberg’s empire is pouring vast resources into its Reality Labs division which develops its virtual reality software and hardware.

The division added 6,000 employees to its workforce and reported a $3 billion loss in the first quarter of 2022 alone.

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