Skip to main content

Facebook Buys Oculus Virtual Reality Techonology Comnpany


Oculus Virtual Reality (OVR) head gear is among the latest developments in the virtual reality and gaming world that has caught the attention of so many people including big companies like Google, Apple and the likes. 

The company behind OVR head gear known as Oculus VR, had been very consistent with their Oculus Rift project thereby also forcing the likes of Sony to get serious with theirs. However, a very surprinsing turn of events just hit us. 

Facebook have bought over the Oculus VR Technology company for a total sum of $2 Billion. 

Facebook which recently spent $19 billion on Whatsapp has once again opened its banks to the OVR company. 

The buy-over saw Facebook paying $400 million in cash while the remaining $1.6billion will be in Facebook stocks including a potential $300 million in bonuses.

Oculus VR was a programme started to give hard core immersive experience of game environments. Therefore, it is quite puzzling as to why Facebook, a social media and advertising company wants to own the Oculus VR technology company and the project, Oculus rift that its developing.

According to Facebook;
‘Mobile is the platform of today, and now we’re also getting ready for the platforms of tomorrow,’ said Facebook founder and CEO, Mark Zuckerberg. He continued; ‘Oculus has the chance to create the most social platform ever, and change the way we work, play and communicate.’

‘The incredible thing about the technology is that you feel like you’re actually present in another place with other people. People who try it say it’s different from anything they’ve ever experienced in their lives’, wrote Zuckerberg on Facebook.

‘Immersive gaming will be the first, and Oculus already has big plans here that won’t be changing and we hope to accelerate. The Rift is highly anticipated by the gaming community, and there’s a lot of interest from developers in building for this platform.
Reactions have trailed this Facebook - Oculus deal and we have one of the reactions from Minecraft Creator Markus Persson:
"We were in talks about maybe bringing a version of Minecraft to Oculus. I just cancelled that deal. Facebook creeps me out,"
Many other game kickstarters are demanding refund to donations and deals that have been exchanged with Oculus VR company.

Of course, Facebook doesn't want the OVR company for gaming alone but for some other things as revealed below
‘This is just the start’, wrote Zuckerberg. ‘After games, we’re going to make Oculus a platform for many other experiences. Imagine enjoying a court side seat at a game, studying in a classroom of students and teachers all over the world or consulting with a doctor face-to-face – just by putting on goggles in your home.’
We are gonna keep you posted as things finally unfold with Facebook and OVR Technology company. 

Like us on Facebook and follow us on Twitter for more smartphone news.

Comments

Popular posts from this blog

How To Root Tecno Phantom A (Tecno F7)

There are no limit to the possibilities one can achieve on a rooted Android device compared to one that isn't rooted. As you know, Rooting is to Androin as Jailbreak is to iOS. For those that don't know what rooting means, a little definition will suffice. Rooting basically means that you install a set of programs on your phone that gives you total control over your device. Total control means that you have the right to install any applications or even delete core applications that you don't want.  Simply put, you have administrative rights over your device, giving  you super user access, and of course, you can use DroidVPN to have free unlimited internet. The guide below shows how you can root Tecno Phantom A also known as Tecno F7 and its super easy to achieve. Don't forget to like us on Facebook. Requirements 1. Computer with internet connection 2. PdaNet+ V4.12 zipped file 3. eroot_v1.3.3 zipped file 4. USB to connect your device to the ...

How To Unbrick Tecno F7 Smartphone

About a week ago, a friend rooted his Tecno Phantom A smartphone. He was so excited about the endless possibilities to customize his device so he kept installing a lot of applications that caught his attention unaware of the dangers some apps can create on rooted smartphones. Finally, he installed an application called Font Changer Lite and that was when it all happened. After installing this app, his phone attempted to reboot and instead of booting normally, the phone froze at the Tecno logo. It wasn’t going passed that state. He couldn’t boot into his phone. Practically, his phone was bricked and had to look for a way to unbrick and use his phone again. If you are presently in the same limbo state as described, please follow the instructions below step by step to fix your device. I recommend reading through first before actually starting the process. Kudos to Seunpayne of Nairaland for uploading his files for download and also giving instructions on the usage....

Latest Airtel and Etisalat BIS Data Plans That Work For Your Android, iPhone Smartphones and Tablets

Update: Effective 3rd of December 2013, Airtel BIS plans will stop working on non BlackBerry phones.  You are advised not to subscribe such plans in your non BlackBerry phone(s)  ------------------------------------------------------------------- It has being observed that as smartphones get better, offering outstanding screen resolution, better camera power and faster modems so also is the data consumed by these smartphones also rising. It may also be due to the what one can achieve with the smartphone when connected to the internet. For example, visiting Facebook and uploading an image that is huge in size, record videos and upload to YouTube, make purchases online, communicate constantly with emails.   The need for more data on our smartphones is surging dramatically but it seem as though Nigerian telecoms network don't want their consumers to have an affordable plan that will cater for their Internet data needs except for BlackBerry devices which enjoy such r...