Read

Meta

The social media giant launches a new teaching program in the US, anticipating growing momentum for VR education tools in Europe. 
Meta, the parent company of Facebook and Instagram, is launching a new program for teachers in the US to inspire students to explore the opportunities of the metaverse. 
In a <a href="https://about.fb.com/news/2023/09/metaverse-technologies-education-opportunities/" target="_blank" rel="noopener noreferrer nofollow">press release</a> on Sept. 12, the Menlo Park-based company said the program is aimed at helping college students in the US to learn with the help of virtual reality (VR) and to test more ways to make it easier for Meta Quest users “to find educational resources in the Meta Quest store.” 
As part of the program, Meta has collaborated with 15 universities across the US “who are actively embracing immersive learning.” They include Stanford University, Arizona State University, New Mexico State University, and others. 
<blockquote class="wp-block-quote"> 
 “The universities are each conducting classroom sessions and exercises in virtual reality to examine how immersive technologies can contribute to the future of education.” <cite>Meta</cite> 
</blockquote> 
 You might also like: <a href="https://crypto.news/harvard-scholar-calls-for-prompt-taxation-of-metaverse-earnings/" rel="noopener noreferrer nofollow"> Harvard scholar calls for prompt taxation of metaverse earnings </a> 
While details of the program remain undisclosed, Meta is trying to bring more activity into its education-related apps available for Meta Quest. The company said it is working on new ways to help spotlight the apps available in the Meta Quest without going into details. 
Meta also noted there is growing momentum for VR education tools in Europe. However, the company added that governments and other regulators must first embrace the “incredible opportunities” of the metaverse before everyone can benefit. 
The company remains committed to the metaverse despite costly expenses. In Q2 this year, Meta’s Reality Labs division <a href="https://crypto.news/meta-committed-to-metaverse-despite-3-7b-q2-loss/" target="_blank" rel="noopener noreferrer nofollow">recorded</a> a $3.7 billion operating loss. In 2023, Meta invested $7.7 billion in its virtual reality business, according to its earnings results released on July 26. 
 Read more: <a href="https://crypto.news/global-metaverse-market-could-reach-322-billion-by-2030-research-shows/" rel="noopener noreferrer nofollow"> Global metaverse market could reach $322 billion by 2030 </a>

Meta announces new metaverse program with US universities

crypto.news

Other articles published on Sep 12, 2023

Iconic Web3 Conference TOKEN2049 Expands its Global Footprint with Dubai Edition

August 2023 Monthly Update

FTX’s bankruptcy estate manages $7b in assets, further explores relaunch plans

Thai officials arrest five in connection with $76m crypto scam

Senator Ted Cruz Supports BTC Mining in Texas

TokenShield Joins Chainlink BUILD to Elevate Digital Asset Security

Join our free newsletter for daily crypto updates!