Hasta La Gadget!

Facebook decision to acquire Oculus hasn’t been well received, at least by the people who provided the initial funding for this company through Kickstarter. It initially raised $2.5 million by seeking contributions from anyone and everyone, and confirmed yesterday that Facebook is picking it up for $2 billion. The New York Times ran a report yesterday citing a source which claimed that post acquisition, Facebook is going to rebrand Oculus with its logo and interface. If that would have been true, it would be akin to sprinkling salt on the wounds of all those who’re opposed to this acquisition.

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Facebook Won’t Rebrand Oculus With Its Logo And Interface original content from Ubergizmo.

John Carmack, the man whom many associate with as the face of id Software for many years, is now an employee of Facebook. Yes sir, this is the new structure in the company known as Oculus VR after it was snapped up by the social network giant for a cool $2 billion, where that bit of news caused quite a ripple across news portals yesterday. The co-founder and lead designer of id Software oversaw a slew of technological developments within the gaming industry, and having left the company in 2013 to join Oculus VR, it goes without saying that he is now under Facebook’s payroll.

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Facebook: John Carmack, I Choose You! original content from Ubergizmo.

There’s a big change going on at Oculus VR this week. After announcing that they’d been acquired by Facebook for $2 billion USD in stock and cash, the team felt … Continue reading

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

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