Facebook on Tuesday announced that it has reached an agreement to acquire Oculus VR, a developer of virtual reality technology, for a total of approximately $2 billion. The move will provide Oculus necessary money to finish development of its Oculus Rift VR headset and start to market it. But what …
Read More »Microsoft: We have been playing with VR technology for quite a while
Microsoft Corp. has been quiet about virtual reality technologies and their support by its new-generation Xbox One console. However, it would be short-sighted to think that the company has not played with the tech. It certainly has. Phil Spencer, the head of Microsoft Game Studios, confirmed this during a conversation …
Read More »Sony to reveal ‘Oculus Rift beating’ VR headset next week
Sony Computer Entertainment (SCE) plans to unveil its virtual reality headset next week at the Game Developers Conference. No details are known in advance, but some game designers who have already tried the device are reported to have said that the upcoming VR helmet is considerably more advanced than Oculus …
Read More »EA, Oculus VR, Panasonic, others to form Immersive Technology Alliance
A number of technology companies and organizations on Thursday said they had agreed to form the Immersive Technology Alliance (the ITA), which will develop and negotiate standards for to effectively meet the needs of the newly established Augmented Reality (AR), Virtual Reality (VR), stereoscopic 3D and gesture industries. The org …
Read More »Valve’s VR specialist moves to Oculus VR
Oculus VR this week revealed that Atman Binstock became the new chief architect at the company. Mr. Binstock is a well-known virtual reality specialist, who will join the already exceptionally strong team of Oculus VR. Atman Binstock was one of the lead engineers and driving forces behind Valve’s VR project, …
Read More »This Oculus Rift can run Virtuaboy games really well
While the Oculus Rift is being hailed by many as the future of gaming, opening up new avenues of future development, one user has given it a chance to reinvigorate the past as well by hooking it up to a Virtuaboy emulator; and by all accounts, it works really well. …
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