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Facebook Will Create 10,000 Jobs In The EU To Build Its Metaverse

Facebook decided to invest in the EU because the company believes that European talent is world-leading, supported by first-class universities.

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facebook will create 10,000 jobs in the eu to build its metaverse
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Facebook has announced that it wants to create 10,000 jobs in the European Union (EU) to build its metaverse, a virtual reality space in which users can interact with a computer-generated environment and other users.

The concept of the metaverse can be traced to Neal Stephenson’s 1992 cyberpunk novel Snow Crash. In the novel, the metaverse is a virtual shared space that appears to its users as an urban environment. This space is accessed through personal terminals connected to virtual reality goggles.

Sound familiar? That’s because the metaverse is quickly becoming a reality thanks to companies like Oculus, a subsidiary of Facebook, and the combined effort of developers and content creators from around the world.

By creating thousands of new high-skilled jobs within the EU over the next five years, Facebook wants to accelerate the development of the metaverse to usher in a new phase of interconnected virtual experiences, enabled by technologies like virtual and augmented reality.

“At its heart is the idea that by creating a greater sense of ‘virtual presence,’ interacting online can become much closer to the experience of interacting in person,” said Nick Clegg, Facebook’s vice-president of global affairs. “The metaverse has the potential to help unlock access to new creative, social and economic opportunities”.

According to the official announcement, Facebook decided to invest in the EU because the company believes that European talent is world-leading, supported by first-class universities. Facebook also mentioned the role European policymakers are playing in shaping the internet, so it’s likely that the investment has a political dimension to it.

Also Read: How To Lock Your Facebook Profile (From Mobile & Desktop)

Aware of its tarnished reputation, the social media giant stressed that no single company would own and operate the metaverse — just like no single company owns the internet today. Of course, that doesn’t change anything about the fact that Facebook wants to play a huge role in it.

Earlier this year, Mark Zuckerberg told his employees that Facebook is becoming a metaverse company with the goal of building a set of connected social apps and supporting hardware. The recently released Horizon Workrooms remote collaboration app for the Oculus Quest 2 headset can be seen as an early piece of the much larger puzzle the metaverse will become in the future.

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New Variants Of Android Spyware Are Targeting Middle East Users

Sophos recommends Android users to never install apps from untrusted sources and avoid ignoring available OS and app updates.

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new variants of android spyware are targeting middle east users

British security software and hardware company Sophos has recently revealed that new variants of Android spyware used by the C-23 group are actively targeting users in the Middle East.

C-23, also known as GnatSpy, FrozenCell, or VAMP, is what cybersecurity professionals refer to as an advanced persistent threat (APT) adversary. Such adversaries are typically well-funded and well-organized, which allows them to quickly evolve their tactics to overcome even the most sophisticated cybersecurity defenses.

The C-23 adversary has been known for targeting individuals in the Middle East since at least 2017, with a particular focus on the Palestinian territories.

The latest variants of its Android spyware are most likely distributed via a download link sent to victims as text messages. The link leads to a malicious app that pretends to install legitimate updates on the victim’s mobile device. When the app is launched for the first time, it requests a number of permissions that let it spy on the victim. It then disguises itself to make removal more difficult.

c-23 gnatspy frozencell vamp android spyware middle east

“The new variants use more, and more varied, disguises than previous versions, hiding behind popular app icons such as Chrome, Google, Google Play, YouTube, or the BOTIM voice-over-IP service” explain Sophos. “If targets click a fraudulent icon, the spyware launches the legitimate version of the app, while maintaining surveillance in the background”.

Also Read: Dubai Establishes $272 Million Future District Fund To Attract Tech Companies

The information the new spyware can steal includes everything from text messages to the names of installed apps to contacts from all kinds of apps, including Facebook and WhatsApp. The spyware can even dismiss notifications and toggle “Do Not Disturb” settings.

Sophos recommends Android users to never install apps from untrusted sources and avoid ignoring available OS and app updates. The company’s own mobile antivirus app, called Sophos Intercept X for Mobile, can detect the new spyware as well as all kinds of other malicious software.

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