Meta poaches staff from Microsoft and Apple for Metaverse plans - Cointelegraph
Employees from Microsoft and Apple are jumping ship to join Meta Platforms as the company sets its sights on creating a metaverse.According to former employees of Microsoft quoted by The Wall Street Journal, around 100 people have ditched the tech giant’s augmented reality team over the past year to join Meta Platforms.Meanwhile, Apple is attempting to counteract an employee exodus to Meta by offering lucrative stock options and bonuses worth between $50,000 and $180,000, according to a report by Bloomberg.Both Microsoft and Apple have had their sights set on the metaverse for quite some time.In early November 2021, Microsoft announced a slew of Teams updates and upgrades to its Xbox gaming console, along with a new product called Dynamics 365 Connected Spaces.