Facebook will acquire virtual reality technology company Oculus VR for $2 billion. In a post on his Facebook profile page today, Mark Zuckerberg announced this acquisition, which is primarily known ...

Facebook finally did the thing it always said it wasn't going to do. We're shocked. Shocked, we say. Share on Facebook (opens in a new window) Share on X (opens in a new window) Share on Reddit (opens ...

Above: Palmer Luckey on the cover of Time in August 2015. Palmer Luckey, who founded Oculus Rift and who many credit with reviving the virtual reality industry, has left Oculus VR and Facebook, as ...

Oculus has had the lead since Palmer Luckey showed off the working prototype of the Oculus Rift in mid-2012. He won over John Carmack, the legendary graphics wizard and programmer at id Software, ...

If you follow tech and game news, or if you know anyone who does, you probably heard yesterday that Facebook acquired Oculus VR, the makers of the Oculus Rift virtual reality headset. Then you ...

Facebook is buying Oculus VR, a startup that makes virtual reality video game headsets, in a $2 billion deal. Oculus doesn’t make a consumer product yet, but its headset called the Oculus Rift for ...

Palmer Luckey founded Oculus, sold it to Facebook for $2 billion, and was fired two years later. Now he's building military ...

Minecraft creator, Markus 'Notch' Persson has withdrawn his support of Oculus Rift in the wake of the company's acquisition by Facebook for $2bn (£1.2bn). "I definitely want to be a part of VR, but I ...

Facebook announced the new Oculus Quest 2 virtual reality headset during its Facebook Connect VR event on Wednesday. The new fully wireless headset will release on October 13, with pre-orders ...

Oculus Rift could revolutionise the movie viewing experience, according to one of Facebook's top executives. The social network's vice president of mobile engineering Cory Ondrejka believes that the ...