UPDATE: Facebook CTO Hints Oculus Rift Will Ship in 2015

March 26, 2015 | FRΛNK R.

At today’s F8 Developers Conference in San Francisco on Thursday, Facebook’s CTO Mike Schroepfer may have given a subtly hint suggesting the consumer release of the Oculus Rift could very well be in 2015.

After demonstrating VR gameplay footage from the … Read More

Facebook Will Bring Spherical Video Support to Oculus Rift

March 25, 2015 | FRΛNK R.

Today, during its annual F8 Developers Conference in San Francisco on Wednesday, Facebook founder and CEO Mark Zuckerberg unveiled that it will support spherical videos, as part of its new way to deliver immersive 360-degree content to its social networking platform, including support … Read More

Facebook Is Working on Virtual Reality Versions of Its Apps

February 18, 2015 | FRΛNK R.

Almost a year after Facebook invested $2 Billion to acquire Oculus VR, the social networking giant revealed that it has been working on developing versions of its own applications for use in virtual reality.

During Tuesday’s Code/Media conference in Laguna … Read More

Oculus VR Would Not Partner with Microsoft, Sony, & Google

December 3, 2014 | Staff Writer

When Oculus VR announced it was partnering with Facebook the tech community was taken by complete surprise. A swift flurry of interviews and articles followed the announcement with Oculus VR CEO Brendan Iribe explaining the reasons behind the decision to … Read More

Facebook’s Long-Term Bet in Oculus to Sell 50-100 Million Units

November 1, 2014 | FRΛNK R.

Earlier this week during a Q3 2014 earnings conference call with investors, Facebook CEO Mark Zuckerberg briefly discussed its long-term commitment to Oculus VR and reaffirmed his belief in the Oculus Rift and VR becoming the future of computing — however, Zuckerberg … Read More

Facebook offering Cash Bounty to Find Bugs in the Oculus Rift

August 21, 2014 | Staff Writer

In what is likely a feature of the average gamers’ fantasy, Facebook has recently announced a bounty program as part of the vetting process for its recent acquisition of Oculus VR. Facebook is offering a minimum payout of $500 dollars for … Read More

Facebook Acquisition of Oculus VR is Now Officially Complete

July 21, 2014 | FRΛNK R.

In March of this year, Facebook announced plans to acquire Oculus VR for $2 billion. After being approved by the FTC in late April, and recently passing the California Department of Corporations fairness hearing, the Facebook acquisition of Oculus is now officially complete.

… Read More

Oculus Plans to Sell Consumer Rift at the ‘Lowest Cost Possible’

June 11, 2014 | FRΛNK R.

When Facebook announced plans to buy Oculus VR in March for $2 billion, there were many questions raised on how this partnership would ultimately benefit Oculus and the future of VR.

Well, much of those initial concerns are slowly being … Read More

Oculus wants to Build the Largest VR MMO with One Billion People

May 6, 2014 | FRΛNK R.

When Facebook announced plans to acquire Oculus VR for $2 billion, many fans and early supporters were stunned and initially concerned with the direction the virtual reality startup company was going—however, as the dust begins to settle we start to get … Read More

Oculus VR Responds to ZeniMax Allegations: The Claims are ‘False’

May 5, 2014 | FRΛNK R.

This morning the battle over the rights to the Oculus Rift VR technology started heating up, as Oculus VR formally responded directly against ZeniMax’s recent claims that former employer and co-founder of id Software, John Carmack had stolen key intellectual … Read More