Hasta La Gadget!

We guess it really isn’t a secret anymore that Facebook will be acquiring virtual reality technology company, Oculus VR. In fact this is actually good news for the gaming community and virtual reality technology in general because with Facebook’s backing, Oculus VR will have access to resources that they might not have had before, especially in the face of Sony’s own VR efforts, Project Morpheus.

This line of thinking is also what Oculus’ founder, Palmer Luckey, appears to be thinking of as well in a recent interview that he and Brendan Iribe had with the folks at The Verge recently. According to Luckey, this deal with Facebook will not only provide the company with resources, but at the same time ultimately help to make virtual reality technology cheaper. (more…)

Facebook’s Acquisition Of Oculus Will Make VR Cheaper, Says Oculus Founder original content from Ubergizmo.

It is safe to say that Facebook’s recent (surprising) announcement that they would be acquiring Oculus VR caught many by surprise. After all Facebook has never really expressed that much interest in gaming, save for the Facebook Games feature, not to mention there has not been any indication that Facebook was even remotely interested in the company to begin with.

In fact Facebook’s acquisition of companies like WhatsApp and Instagram made perfect sense since they had to do with communications and social media, but as is the case with most acquisitions, this was not an overnight decision, nor was it an impulsive one either. (more…)

Facebook’s Quest For Oculus VR Began Three Months Ago original content from Ubergizmo.

News of Facebook splashing out $2bn to buy virtual reality headset startup Oculus has prompted not only surprise but horror among developers and fans, with the company facing a sizable … Continue reading

Minecraft creator Markus Persson (aka Notch) has cancelled the Oculus VR version of the game, because, as he puts it: “Facebook creeps me out.” His studio, Mojang, had been in talks to bring a version of Minecraft officially to the VR gaming headset, but he said on Twitter shortly after the Facebook acquisition of Oculus VR was announced that he “cancelled that deal.” Read More

There’s a gold rush on, and the people striking it rich are the ones building things — not apps, not software, but honest-to-goodness hardware, like the Oculus Rift, whose creator, Oculus VR, was just purchased by Facebook for around $2 billion in cash and stock. Earlier today, Intel closed its purchase of wearable health tech maker BASIS, and Google recently bought Nest for $3.2 billion. Google… Read More