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Facebook is buying Oculus for $2,000,000,000
Posted: Tue Mar 25, 2014 2:00 pm
by TechnoProdigy
http://www.prnewswire.com/news-releases ... 28061.html
For the unaware, Oculus is the company behind the Oculus Rift Virtual-Reality headset.
Discuss.
Re: Facebook is buying Oculus for $2,000,000,000
Posted: Tue Mar 25, 2014 2:37 pm
by mitchie151
They are remaining more or less independent in this situation. They are going to continue developing it as they were, more or less.
Facebook is 'investing in their future', what they do with the technology remains to be seen. Hopefully Oculus has proper competitors by the time this is relevant.
Re: Facebook is buying Oculus for $2,000,000,000
Posted: Tue Mar 25, 2014 2:46 pm
by ColdF3ar
Saw this article the other day explaining FB decision to purchase WhatsApp as well.
http://www.businessinsider.com/why-face ... app-2014-2
I think the reason they are going on this purchasing rampage is to protect themselves. They literally can't
afford to have even the slightest amount of competition.
Part of the reason they allow users to upload an unlimited number of photos and videos for free is to keep you coming back. Lets say a new a new photo sharing company opens up "RealmMinePics .com" and allows you to upload photos. Even if "RealmMinePics .com" is better at sharing photos in every sense, you will still have all of your family vacation photos on FB already. Its inconvenient for you to re-upload everything again and get everyone of your friends to go there.
There are many other reasons of course as to why FB is going crazy doing this. Personally Im kinda hoping FB dies out after time. "Social" media sometimes makes me feel like we are being waaaaayy antisocial when i'm sitting at breakfast and my roommates are all facebooking instead of talking lol, but thats probably more a cultural/generational thing.
Re: Facebook is buying Oculus for $2,000,000,000
Posted: Tue Mar 25, 2014 3:03 pm
by TechnoProdigy
Notch apparently has backed out of a potential Oculus version of Minecraft as a direct result of this... :/
Source:
Re: Facebook is buying Oculus for $2,000,000,000
Posted: Tue Mar 25, 2014 3:20 pm
by ColdF3ar
Notch wrote:"Facebook creeps me out."
Re: Facebook is buying Oculus for $2,000,000,000
Posted: Tue Mar 25, 2014 3:34 pm
by Prodigy9
Re: Facebook is buying Oculus for $2,000,000,000
Posted: Tue Mar 25, 2014 3:57 pm
by Intelli
mitchie151 wrote:They are remaining more or less independent in this situation. They are going to continue developing it as they were, more or less.
Facebook is 'investing in their future', what they do with the technology remains to be seen. Hopefully Oculus has proper competitors by the time this is relevant.
Regardless of how much of a "partnership" they claim it is, Facebook still has the authority / final say. Oculus is no longer in control.
Plus, Zuckerberg is already saying they want to create the "most social platform ever".
Re: Facebook is buying Oculus for $2,000,000,000
Posted: Tue Mar 25, 2014 4:19 pm
by jugglingman456
$1.6 billion* but yeah my day got so much worse when I saw this news.
Re: Facebook is buying Oculus for $2,000,000,000
Posted: Tue Mar 25, 2014 4:19 pm
by TechnoProdigy
Intelli wrote:mitchie151 wrote:They are remaining more or less independent in this situation. They are going to continue developing it as they were, more or less.
Facebook is 'investing in their future', what they do with the technology remains to be seen. Hopefully Oculus has proper competitors by the time this is relevant.
Regardless of how much of a "partnership" they claim it is, Facebook still has the authority / final say. Oculus is no longer in control.
Plus, Zuckerberg is already saying they want to create the "most social platform ever".
$10 says they'll try to create some virtual-reality hangout or something for people on Facebook.
jugglingman456 wrote:$1.6 billion* but yeah my day got so much worse when I saw this news.
No, it's $2 Billion.
Re: Facebook is buying Oculus for $2,000,000,000
Posted: Tue Mar 25, 2014 4:27 pm
by dlgn
TechnoProdigy wrote:Notch apparently has backed out of a potential Oculus version of Minecraft as a direct result of this... :/
Source:
So my dreams of being immersed in the Minecraft world have been destroyed?
NOOOOOOOOOOOOOOOOOOOO
