https://finance.yahoo.com/news/facebook-invented-unit-time-fb-215600134.html

It's short for "frame tick," hinting at its cinematic origins, writes original inventor Christopher Horvath on GitHub. " data-reactid="28">It's short for "frame tick," hinting at its cinematic origins, writes original inventor Christopher Horvath on GitHub. 

As for why Facebook needs a new unit of time, it goes back to the social network's Oculus VR subsidiary and its larger bet on virtual reality. And for Horvath, formerly of the cinematic world at firms like Pixar, Weta Digital, and Industrial Light & Magic, it seems to have been something of a passion project. " data-reactid="29">As for why Facebook needs a new unit of time, it goes back to the social network's Oculus VR subsidiary and its larger bet on virtual reality. And for Horvath, formerly of the cinematic world at firms like Pixar, Weta Digital, and Industrial Light & Magic, it seems to have been something of a passion project.