virtual reality

Fri
28
Mar
Brandon Dimmel's picture

Virtual Reality: Fad or Flop? Facebook Invests $2B

Facebook has made a major investment in virtual reality technology by purchasing Oculus VR, a virtual reality technology firm for $2 billion US dollars. For the past several years Oculus VR has been developing Oculus Rift, a virtual reality headset ... that is said to revolutionize home entertainment. The Oculus Rift was first unveiled at the Electronic Entertainment Expo (or "E3") during the summer of 2012. The head-mounted display generated a great deal of interest among the video game community. This interest led Oculus VR to initiate an August 2012 Kickstarter campaign to further ... (view more)

Wed
18
Feb
Dennis Faas's picture

Microsoft to Acquire Virtual Reality Company for $35M, Rumors Suggest

Rumors this week suggest that software giant Microsoft has acquired an Israeli virtual reality company. Although the acquisition could present any number of uses, insiders are speculating that the move has been made to improve the Redmond-based ... company's second-place position in the video game industry. While much of the technology world buzzes about its upcoming Windows 7 , Microsoft has made an important move in its attempt to halt Nintendo's steady advance in the gaming industry. As the Wii continues to run away with the gaming crown by employing motion-sensitive technology and accessible ... (view more)

Subscribe to RSS - virtual reality