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 ...

The games industry moves pretty fast, and there's a tendency for all involved to look constantly to what's next without so much worrying about what came before. That said, even an industry so ...

Facebook’s parent company, Meta, made a lot of money in its last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means that ...

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 ...

Facebook's virtual reality advertising plans have hit a stumbling block after its first advertiser pulled out. The company announced on June 16 it would be testing ads in Oculus game Blaston, from ...

Regardless of how you might feel about Facebook's recent acquisition of Oculus VR and its Rift headset, there's no denying the influx of cash will help push the device to market. According to Reuters, ...

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 ...