US-IT-CONSUMER ELECTRONICS SHOW-CES An attendee wears an Oculus Rift HD virtual-reality head-mounted display at the Intel booth at the 2014 International CES on Jan. 9, 2014, in Las Vegas Robyn Beck—AFP/Getty Images
Wall Street doesn't like what it sees. Facebook's stock price (NASDAQ:FB) is dropping in after-hours trading after the company announced its purchase of virtual reality startup Oculus Rift. The stock, which closed up on the day
Resentment spread like wildfire as many of those who had helped fund the Oculus Rift when it was nothing more than a far-off promise on Kickstarter were blindsided by the transaction. Oculus VR had betrayed those who had believed in the company, sold
Facebook has just announced that it's buying Oculus Rift for $2 billion. Seriously.
Resentment spread like wildfire as many of those who had helped fund the Oculus Rift when it was nothing more than a far-off promise on Kickstarter were blindsided by the transaction. Oculus VR had betrayed those who had believed in the company, sold
Facebook Buying Oculus Virtual-Reality Company for $2 Billion
