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Facebook's Oculus purchase a $2 billion bet on virtual reality

(03-25) 19:20 PDT SAN FRANCISCO -- Facebook plans to buy a future reality. By agreeing to purchase Oculus VR, a hot startup specializing in virtual video game reality, the social media giant is betting...

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Samsung Is Building an Oculus Rift Competitor: Report

Given Samsung's propensity to compete in virtually every conceivable product category, this isn't too surprising: The company is working on its own version of the Oculus Rift and plans to unveil it...

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Facebook closes its $2bn Oculus Rift acquisition. What next?

Social network completes deal announced in March, so what does the future hold for its virtual reality division? ...

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Facebook Could Give You the Oculus Rift You Always Wanted

Brian Barrett - The news today that Facebook will buy Oculus—the makers of the best virtual reality experience in existence—caused paroxysms of upsetment and surprise. That's fair! But once the smoke...

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Backlash To Facebook Buying Virtual Reality Firm Comes Swiftly

When Facebook purchases a company, you can often hear a collective groan go around the Internet — "There goes the neighborhood." The Oculus VR acquisition announced Tuesday is Facebook's first...

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Samsung’s Gear VR headset is Oculus Rift for smartphone

Headset turns smartphone into virtual reality goggles using Oculus Rift software to compete with Sony’s Morpheus and Google’s Cardboard ...

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Mixed reactions to Facebook's Oculus acquisition

News of Facebook's acquisition of Oculus VR, maker of the Oculus Rift virtual reality headset, is not being greeted as good news by gamers or developers. Following the announcement of the $2 billion US...

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Facebook looks to future with $2bn acquisition of virtual-reality gaming firm...

Now that Facebook has all but taken over this world, it is turning its attention to creating new ones. On Tuesday night, the Silicon Valley firm announced its purchase of the virtual reality gaming...

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The world is not enough: Facebook buys into virtual reality with the Oculus Rift

Mark Zuckerberg has thrown his weight behind virtual reality as a "platform of tomorrow", announcing yesterday that Facebook has purchased Oculus VR, the company responsible for the Oculus Rift virtual...

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Facebook Buys Oculus VR. U Mad?

Facebook is buying virtual-reality company Oculus VR for $2 billion — and the Internet has exploded in response. Originally introduced on Kickstarter in 2012, Oculus VR's gaming headset Oculus Rift is...

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Gamers lament Facebook's Oculus takeover deal

Backlash: A gamer uses Oculus Rift at the Game Developers Conference in San Francisco. Photo: AP The brains behind Oculus VR Facebook takes a page from Google Oculus Rift out to change virtual reality...

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Minecraft Creator Kills Oculus Rift Plans Because Facebook Creeps Him Out

When Facebook announced a $2 billion dollar deal to buy virtual reality headset maker Oculus VR on Tuesday, Mark Zuckerberg promised the new technology would help “change the way we work, play and...

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Facebook's acquisition of Oculus VR generates fan backlash

In a surprise announcement Tuesday, Facebook announced their intention to buy Oculus VR Inc for $400 million in cash and $1.6 billion in stock. The community backlash was immediate and visceral. Oculus...

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What does the Oculus Rift backlash tell us? Facebook just isn't cool

The news that Facebook has splurged $2bn (£1.2bn) on buying Oculus Rift, the world's first really viable virtual reality headset, has set off waves of plaintive snark in the world of videogames....

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Oculus reveals consumer edition of virtual reality headset

By Dave Lee Technology reporter, BBC News 11 June 2015 From the section Technology Oculus showed off the consumer version of its Rift headset and a prototype VR control system called Touch Oculus VR...

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Oculus Rift virtual reality viewer finally to come in 2016

One of the biggest names in virtual reality — Facebook’s Oculus Rift headset — won’t hit store shelves until next year. Oculus VR said the debut consumer version of its headset will ship in the first...

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It's official: Virtual reality headset Oculus Rift is coming in early 2016

The first virtual reality headset to make waves finally has a full release date. The Oculus Rift headset will be available as a full product at retail during the first quarter of 2016, its maker Oculus...

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Oculus Rift to go on sale to consumers next year

The Oculus Rift virtual reality headset will go on sale to consumers for the first time next year. After starting life as a project looking for crowd-funding on website Kickstarter, Oculus has since...

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New Potential Oculus Rift Rival Hits Kickstarter

A consumer release of the Oculus Rift is getting steadily closer. After announcing that the virtual reality headset would retail for between $200 and $400, sources close to the project have revealed...

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‘Minecraft’ Creator Notch Unhappy About Facebook Buying Oculus

At E3 2013 last summer the tech that blew us away had nothing to do with the next-gen consoles from Microsoft and Sony, it was a prototype virtual reality headset from Oculus VR. We had gotten hands-on...

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Facebook-Oculus Deal Will Make Sense ‘A Year From Now’

If you believe that Facebook’s acquisition of Oculus VR for $2 billion wasn’t a good idea for the future of virtual reality gaming, you’re not alone. Celebrity developer Markus ‘Notch’ Persson of...

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Oculus Rift Will Be Cheaper Thanks To Facebook; Aiming For 2015 Release

When Facebook bought out Oculus VR in March for a reported $2 billion, there were a lot of raised eyebrows. Those with an interest in the company had concerns over just what this would mean for the...

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Oculus VR Was Never Going To Partner With Microsoft or Sony

Is virtual reality the future of gaming? Oculus VR, creator of the much-hyped Oculus Rift headset, certainly thinks so, and their wildly successful crowdfunding campaign indicates that many gamers...

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Facebook Acquires Oculus VR For $2 Billion

Facebook is purchasing Oculus VR, maker of virtual reality gaming headset Oculus Rift, for $2 billion--just weeks after the social networking company acquired WhatsApp for $16 billion. The acquisition...

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Game Developers on Oculus Acquisition: From Feeling Validated to 'The Wrong...

Not everybody hates Facebook's acquisition of Oculus Rift: Many developers who've been working with the platform tell Mashable they feel their work — and their belief in the future of virtual reality —...

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Oculus Rift headset on sale in 2016

The Oculus Rift virtual reality headset will go on sale to consumers for the first time next year. After starting life as a project looking for crowd-funding on website Kickstarter, Oculus has since...

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Virtual reality ready for reboot as Oculus Rift headset comes on market

Remember watching the original Tron, and marvelling at the computer-generated world the film-makers created? The idea of a digital universe you could get lost in was a long way off back then. But with...

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Xbox One games will be playable with the Oculus Rift...sort of

LOS ANGELES — Xbox One games can played with the Oculus Rift virtual reality headset, but it's not what you think it is. At E3 2015, Oculus VR co-founder and vice president of product Nate Mitchell...

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Oculus Rift to Deliver Second-Gen Virtual Reality Headset for Developers

Game developers interested in creating games in virtual reality will get an upgraded set of tools from the Oculus Rift team this summer, the company announced Wednesday morning. The second-generation...

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Sony unveils Project Morpheus: A virtual reality rival to the Oculus Rift

Sony has unveiled a new virtual reality headset designed to be used in conjunction with the PlayStation 4. Sony says the device, a prototype known as ‘Project Morpheus’, uses a wraparound screen worn...

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Notch Talks Oculus Rift Support for ‘Minecraft’ and ‘0x10c’

There’s no denying that Oculus Rift, the new 100+ degree field of vision headset coming by way of a Kickstarter campaign, has caught the attention of gamers and developers alike. The idea of being able...

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Oculus Rift – 10 reasons why all eyes are back on virtual reality

Following Facebook's $2bn purchase of gaming firm Oculus VR, virtual worlds are becoming a reality again...

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Oculus Rift: From $2.4 million Kickstarter to $2 billion sale

Facebook's acquisition of Oculus VR stunned the game industry. In less than two years, Oculus VR and its Oculus Rift virtual reality headset have gone from (literal) overnight Kickstarter success to...

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Facebook Likes Oculus Rift Enough To Purchase For $2 Billion

The purchase of Oculus Rift by Facebook came as a surprise as the VR gaming technology was thought to be largely centered around the gaming hardcore, but both Oculus VR and Facebook have ideas that...

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Troy Wolverton commentary: Virtual world meets virtual reality as Minecraft...

If you have an Oculus Rift, you can now use it to explore and build in the world of Minecraft. Microsoft-owned Mojang announced Monday that it has updated its Lego-like virtual world game to support...

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The Oculus Rift Is Here, And You Can Preorder It For $599

The Oculus Rift, a virtual reality headset that has finally come to fruition more than three years after debuting on Kickstarter, will cost prospective consumers $599 and begins shipping March 28. As...

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Oculus, Morpheus, and HoloLens Battle It Out For Best Virtual Reality Gear In...

Virtual Reality has taken centerstage in E3 2015, as predicted, and it caused a bit of a rivalry between the biggest and most advance virtual reality gears present in the conference. Three of the...

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Oculus Advises An ‘All-In’ Cost of $1,500 for the Rift

Virtual reality (VR) is being tipped as the next revolution in gaming, and the Oculus Rift headset is right at the front of that charge. The device, which is expected to be released for consumers in...

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Facebook: now for your face

Rex Features A month after Facebook acquired Whatsapp for $19bn, Mark Zuckerberg has his wallet out again. Last night, the social network announced it had bought Oculus VR, creators of the much-hyped...

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The Guy Behind Super Popular Game Minecraft Says He Won't Work On Oculus...

Don't count on playing Minecraft through the Oculus Rift anytime soon. Markus "Notch" Persson, the creator behind the popular sandbox-style video game, said he canceled any potential plans to bring...

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>The Guy Behind Super Popular Game Minecraft Says He Won't Work On Oculus...

Don't count on playing Minecraft through the Oculus Rift anytime soon. Markus "Notch" Persson, the creator behind the popular sandbox-style video game, said he canceled any potential plans to bring...

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Minecraft for Oculus Rift cancelled in wake of Facebook deal

Minecraft creator Markus Persson joins chorus of game developers and players concerned about future of Oculus Rift...

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'Facebook creeps me out,' Notch ends Minecraft for Oculus Rift [Update]

Those eager to cobble together monumental structures in virtual reality will be sad to hear that Minecraft is no longer likely to be developed for the Oculus Rift officially. In August we reported on a...

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'Facebook creeps me out,' Notch cancels Minecraft on Oculus Rift

Those eager to cobble together monumental structures in virtual reality will be sad to hear that Minecraft is no longer being developed for the Oculus Rift...

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Facebook buys virtual reality headset start-up for $2bn

Facebook has announced it will buy Oculus VR, a Californian company which specialises in virtual reality products, for around $2bn (£1.2bn). The start-up's flagship product, the Oculus Rift, is a...

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'Minecraft' creator Notch receives one of the first Oculus Rift developer kits

While the Oculus Rift virtual reality headset may have faced the all-too-common delays associated with many Kickstarter projects, it appears that everything is now full steam ahead. Earlier this month,...

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