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
Facebook had a huge success with its web gaming canvas, but got locked out of mobile gaming revenue by platform owners Apple (iOS) and Google (Android). But Facebook seems determined not to miss the next big gaming platform, as today it announced plans to acquire Oculus, makers of of the Rift virtual reality headset, for $2 billion in cash and stock. And long-term, its looking to take VR beyond… 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
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, is now under its open price of $64.25, resulting in a loss of $1.5 – $1.8 billion market cap. Read More
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