March 25, 2014

Facebook buys Oculus VR for $2 billion

They cannot be serious! Call me crazy but I don't think Oculus is worth $2 billion. There are too many barriers to wide adoption with this stuff and lots of other players in the same space. I guess the developers can retire rich now while Facebook share owners may start thinking where is the value.

What next? Facebook buying Second Life for $4 billion? Meh.

News article here:

Official blog post here from Oculus:

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