Facebook officially announced that it is acquiring Oculus VR, Inc. The social media company bought the virtual reality company for $2 billion. This includes $400 million in cash and 23.1 million shares of Facebook common stock (valued at $1.6 billion based on the average closing price of the 20 trading days preceding March 21, 2014 of…
Look, we all want to experience a roller coaster and a guillotine via virtual reality and Oculus Rift is getting us there. However, it looks like Apple isn’t okay with Oculus getting all the glory. Recently, patents were uncovered detailing a potential Apple-branded head-mounted display. Based on the sketches, which you can see above,…
Brendan Iribe, the head of Oculus, recently discussed the future of the highly anticipated virtual reality hardware gaming system. The Oculus Rift is on the minds of gamers everywhere as it appears we are on the verge of a new age in gaming. But there are challenges in getting the system ready for consumers. “There…
Most of us are anxiously awaiting the consumer release for Oculus Rift, it was announced that the technology will focus on PC and mobile devices. Meaning that consoles will not see the virtual reality, head-mounted display, at least not anytime soon.
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