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Facebook is getting into the virtual reality business. The social networking giant announced plans Tuesday to buy virtual reality firm Oculus VR for $2 billion, its latest high-profile acquisition ...
If Facebook wants to take that $3.2 billion dollars it invested to acquire Oculus VR and turn it into hundreds of billions of dollars, it will have to do more than feed it money. When the time ...
Facebook buys virtual reality pioneer Oculus for $2 billion. by Blair Hanley Frank on March 25, 2014 at 2:48 pm March 25, 2014 at 3:48 pm. Share ...
Facebook's $2 billion acquisition of Oculus VR is one sign of the growing business thirst for using virtual reality technology to change ways of working and improve customer experiences. While the ...
Virtual reality headset from Facebook-owned Oculus removes some of the hurdles that have held back VR: no required PC hookup or need to snap in phone.
Oculus VR will close its Emmy-winning cinematic-content division, Story Studio, to focus instead on funding others’ storytelling projects. The Facebook-owned virtual reality company said in a ...
Facebook has bought the maker of a virtual reality headset and interface for $2 billion. Economics correspondent Paul Solman profiles the company, Oculus VR, and Hari Sreenivasan talks to Vindu ...
Facebook-owned Oculus’ $199 standalone Oculus Go virtual reality headset is here. by Nat Levy on May 1, 2018 at 8:25 am May 1, 2018 at 12:38 pm.
In May, Facebook announced that it would begin testing advertisements in virtual reality. Those tests are now about to go live. “The company revealed it’s going to begin experimenting with the ...
SAN FRANCISCO -- Facebook said it would buy virtual reality company Oculus VR for about $2 billion in cash and stock. Oculus is the Irvine, Calif., maker of the Rift headset. The company will ...
Facebook Inc. made its second blockbuster acquisition of the year, agreeing Tuesday to acquire Oculus VR Inc., a 20-month-old maker of virtual-reality goggles, for $2 billion in cash and stock.
Facebook envisions extending social media and entertainment into virtual-reality worlds, announcing a deal to acquire virtual-reality headset maker Oculus VR in a deal worth up to $2 billion.