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Facebook Oculus VR acquisition approved by FTC

Facebook Oculus VR acquisition approved by FTC

It’s time for Facebook to make their move with Oculus VR, the makers of the virtual reality headset Oculus Rift. This acquisition was announced earlier this year not long after GDC 2014, and the introduction of Sony’s Project Morpheus - though there’s no direct evidence linking the two events. Here we’re seeing the Federal Trade Commission (FTC) announcing that Facebook’s acquisition of Oculus VR is A-OK.

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Big surprise: Facebook will eventually push ads with “Nearby Friends”

Big surprise: Facebook will eventually push ads with “Nearby Friends”

Facebook plans to eventually use its new "Nearby Friends" feature to power new location-based adverts and marketing, the social network has conceded, potentially souring what was generally seen as a privacy-mindful launch of the functionality. Nearby Friends began rolling out last week as a new addition to Facebook's mobile apps, optionally showing those on your friendslist your location, and making it easier to organize impromptu meet-ups. However, Facebook has more in mind than promoting socializing.

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Cortana apps include Facebook, Twitter, Skype

Cortana apps include Facebook, Twitter, Skype

Starting off with a bang is what Microsoft needed to do with their own long-awaited personal assistant Cortana. This week they’re making a rather grand effort in doing so, connecting this natural language assistant work with Facebook, Twitter, Skype, and other apps right off the bat. Cortana has been revealed, as it were, at BUILD 2014, Microsoft’s developers convention.

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Oculus VR Facebook rebranding tipped: new interface and logo [UPDATE: Denied]

Oculus VR Facebook rebranding tipped: new interface and logo [UPDATE: Denied]

There’s a big change going on at Oculus VR this week. After announcing that they’d been acquired by Facebook for $2 billion USD in stock and cash, the team felt some relatively significant backlash from the internet-based public. Now they may be in for a second wave as word - the anonymous type, mind you - suggests that Facebook’s plans are to rebrand Oculus with a new interface and logo.

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The internet is Not Happy about Facebook buying Oculus

The internet is Not Happy about Facebook buying Oculus

News of Facebook splashing out $2bn to buy virtual reality headset startup Oculus has prompted not only surprise but horror among developers and fans, with the company facing a sizable backlash as the news spreads. Developers and would-be gamers waiting for the consumer Rift headset have reacted for the most part negatively, accusing Oculus of "selling out" and voicing concerns that the project will wither and die at Mark Zuckerberg's hand.

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Facebook buys Oculus for Rift VR social

Facebook buys Oculus for Rift VR social

Facebook has bought Oculus, spending $2bn on the maker of the Oculus Rift virtual reality headset, in what the social network says will be a push to grow 3D vision in gaming, communications, and "new social experiences." The deal, which will be made up of around $400m in cash and the remainder in Facebook stock, is expected to close before the end of June 2014, and will help Facebook in not playing catch-up to future platforms as, founder Mark Zuckerberg concedes, it did with mobile.

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