vr

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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)

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