Monday news round-up: October 18th 2021

Where the Needle Lands
2 min readOct 18, 2021

Metaverse lately has been attracting much attention, especially after big tech names as Mark Zuckerberg (Facebook) and Tim Sweeney (Epic Games) showed their keen interest in it.

Metaverse is a virtual world where users will be able to connect to all sorts of virtual environments to meet with other people, travel, participate in events etc.

Facebook has already made the first steps by investing in the virtual reality Oculus headsets and announcing that it will create 10,000 new jobs in the EU to work on Metaverse.

So is the Metaverse coming, and will it change our real-world interactions? That is still hard to predict, but the technology and the interest in the Metaverse are here, and we can only wait for what will come next.

Linkedin leaves China’s market due to increased pressure of censorship.

Microsoft-owned Linkedin announced that due to the “significantly more challenging operating environment” and “greater compliance requirements”, the company will switch off its global site in China.

Over 54 million Chinese Linkedin users instead will be offered a simpler online job listing board.

Linkedin arrived in China seven years ago, hoping that the new market would allow adding hundreds of millions of new users. However, as Linkedin evolved from primarily a professional jobs site into a fully-fledged social network, with users posting blogs and opinions, the demands from the Beijing censor’s office have increased.

The Biden administration has welcomed Linkedin in a move to abandon China’s market, saying that Beijing forces companies to compile with their “repression and authoritarian practices”.