Facebook announced a $2-billion deal to buy a startup behind virtual reality headgear that promises to let people truly dive into their friends' lives.
Facebook Takes $2 Billion Dive Into Virtual Reality
March 25, 2014

Via AFP:

Facebook announced a $2-billion deal to buy a startup behind virtual reality headgear that promises to let people truly dive into their friends' lives.

Facebook co-founder and chief Mark Zuckerberg on Tuesday said that the acquisition of Oculus was a long-term bet that making the social network's offerings more immersive would pay off.

"People will build a model of a place far away and you will just go see it; it is just like teleporting," Zuckerberg said.

"I do think gaming is a start," he said in a conference call, referring to the Oculus headset's original design focus.

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