we speak with nicola mendelson. thank you for giving us a little bit of your time. at the meta-verse and what you have just announced, 10,000 new jobs, how many more jobs could we see? is the meta-verse taking over the way we will interact with all social platforms? nicola: good to talk to you. those are a lot of questions. let's take each one. we are really excited about our plans to announce 10,000 new highly skilled jobs within the eu in the next five years. the eu is a fantastic place to be able to do business given the size of the consumer market and the incredible universities and the talent. it builds on the investments we have been making over the years whether it is the research development we have for artificial intelligence in paris or the labs we have in cork. these jobs will put europeans in the center of our plans for our future. we are excited about the meta-verse. we see it as being the next computing platform. it is about making social interactions, the whole digital experience better. it is not about replacing the physical. it is so much better whe

emily: nicola mendelson, from meta, joining us on a late evening in london.nk you very much for joining us and sharing the new vision. we will be back with more of "bloomberg technology" after this quick break. ♪ emily: a few other stories we are watching. mark cuban's basketball team, the dallas mavericks, is having a giveaway for fans, but not the typical bobblehead or freebie. they have announced a five-year partnership and fans that sign up with the cryptocurrency trading platform get a hundred dollars in free bitcoin. microsoft is getting back into the personal computer game business. the maker of the xbox video game console has come out with "age of empires iv, the first installment of the series in 16 years, and the executive in charge said that you have to go beyond the console to speak to pc gamers as well. coming up, shopify and its six-year earnings streak comes to an end. i will speak with the company president about what he needs to get that back. apple ceo is speaking on the and theapple ceo is speaking on the earnings call right now and . take

to better understand the shift, we are joined by nicola mendelson.he vice president of the meta group. just a few hours ago you worked at a company called facebook, now it is meta. given that the vast majority of the company doesn't work on the meta-verse at all, why take this risk? nicola: the excitement is very real and meta captures where we are going in the future we want to build. the focus is all around. letting people connect and find communities in the way that they had with the facebook family of apps for the almost 20 years that we have been going area it really reflects the confusion there has been out there. we are now a whole family of apps and services, so many others. this actually brings together all of the apps and technologies under one new company brand. emily: what is the horizon marketplace? how will people make money in this new world? nicola: horizon is the social platform we will be building for people. with horizon world, that's where you can build worlds and jump into them with your friends, your family, your colleague. disc