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  • Blog Post: The Wait For A Consumer Oculus Rift Is Now Being Counted In Months

    Before we get your hopes up too high, Oculus still has not announced a release date for the Oculus Rift. The company isn’t even confirming that it will be released in 2015, though there are certainly customers ready for that. Speaking at Web Summit 2014, Oculus CEO Brendan Iribe says that the consumer... More
  • Blog Post: Watch The Oculus Connect Keynote

    Oculus is about to kick off its first colloquium for developers. We're here live to cover the announcements and demos. You can watch the keynote talks with CEO Brendan Iribe at 9:30 a.m. Pacific, followed by presentations by Michael Abrash at 10: 45 a.m. and John Carmack at 11:30 a.m. You can watch... More
  • Blog Post: Facebook Stock Closes Down 7 Percent Following Oculus Acquisition

    Yesterday, we learned that $2 billion buys you talent and the most promising virtual reality startup in the market. Today, we discovered that Facebook investors aren’t sure what to make of that. Following yesterday’s surprise purchase of Oculus VR for $400 million in cash and approximately... More
  • Blog Post: Oculus’ Acquisition 'Almost Happened Overnight'

    It was just one week ago that we met with Oculus VR on the eve of the company announcing its second developer kit . Since then, Oculus inked a deal with Facebook worth $2 billion in cash and stock. Most acquisitions, especially when dealing with valuation this high, take months. Oculus’ transition... More
  • Blog Post: Oculus VR Secures $75 Million To Staff Up For Consumer Rift

    Oculus VR has secured another round of funding, this time in the amount of $75 million. The investment comes by way of Netscape founder (and mind behind the modern web browser) Marc Andreessen’s VC firm, Andreessen Horowitz. The purpose of the funds is to allow Oculus to increase staffing in anticipation... More
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