Oculus was a virtual reality company founded by Palmer Luckey. It was acquired by Facebook, now known as Meta, for $2 billion in cash and stock. Virtual reality has been a major initiative for Meta.

Forbes contributors publish independent expert analyses and insights. News and opinion about video games, television, movies and the internet. Well, we probably all saw this coming, and yet that doesn ...

The virtual reality company's focus on gaming did not initially capture the Facebook CEO's interest, he tells Vanity Fair. Steven Musil is the night news editor at CNET News. He's been hooked on tech ...

Relax, gamers. Not only will Oculus still be able to fulfill its ambitions, but the Facebook acquisition will also prove a landmark moment for the impending ubiquity of virtual reality. Nick Statt was ...

Oculus founder and defense contractor Palmer Luckey claims to have built a VR headset that, should its wearer’s avatar die in a game, blows up the user’s head with “explosive charge modules.” Ha ha.

Facebook is to acquire Oculus VR, the company behind the Oculus Rift virtual reality headset, it has been revealed. The social media giant reached an agreement worth approximately $2 billion, which ...

$10 billion loss in 2020, $16 billion loss in 2023—and it's only going to get worse, says Meta. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works.

Facebook is closing around 200 of its 500 Oculus virtual reality demo stations at Best Buy locations across the US, Business Insider has learned. The scaling back of Facebook’s first big retail push ...

We're doing another VR showdown as pit the Oculus Quest 2 vs. PlayStation VR - which is the king of the budget VR headsets? When you purchase through links on our site, we may earn an affiliate ...