Tag: Facebook

BUSINESS, TECHNOLOGYLeave a comment

Facebook Buys Oculus For $2B in Cash and Stocks

Madlangbayan

Facebook buys Oculus Credit: ROBYN BECK/AFP/GETTY IMAGES Facebook announced that it is eyeing the acquisition of Oculus VR Inc. by the second quarter of 2014. The anticipated Facebook Oculus deal is reportedly worth $2 billion. Oculus is the Irvine, California-based developer of Oculus Rift, a popular virtual reality headset. Ocular Rift headsets cover the eyes of the user and “create an immersive world that reacts to turning one’s head or moving back and forth.” Below is the statement of Mark Zuckerberg, explaining the social networking company’s desire of merging Facebook and Oculus. “I’m excited to announce that we’ve agreed to … Continue reading Facebook Buys Oculus For $2B in Cash and Stocks

TECHNOLOGYLeave a comment

Facebook Paper App Download for iOS Devices Begins Monday, Feb 3 (Video)

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Facebook Paper App Credit: Video Grab Vimeo Facebook Paper app will be available for download on iOS gadgets starting Monday, February 3, 2014. Paper will be the fourth iOS app for Facebook. Early Facebook apps include Messenger, Instagram, and its main social networking app. Paper is a reader app that allows Facebook users to get a cleaner view of news feed just like early favorite news app reader Flipboard. Among the best features of Facebook Paper app include: users can browse individual news feed with the swipe of a finger view image and video in full-screen with an overlay caption … Continue reading Facebook Paper App Download for iOS Devices Begins Monday, Feb 3 (Video)