virtual reality

Palmer Luckey on why the Facebook merger makes VR’s future even brighter

The reaction to the news of Facebook buying Oculus Rift could be classified as reactionary, as reactions tend to be. But according to Rift founder Palmer Luckey, there are some very good reasons to be enthused about the buyout. Talking with the Reddit community, Luckey explained how the move will on

Facebook purchases Oculus Rift. Wait, what?

This is not the polar caps are melting post. Presumably, somewhere in the fine print, something about this business transaction makes sense. Facebook has laid on the table 2 billion dollars in cash and stock options to purchase the crowdfunded virtual reality headset maker outright.  Now before we g