Tag Archives: vr

Facebook acquires Oculus for $2bn

Who saw this coming? Social media giant Facebook has made a massive move into gaming with the acquisition of VR specialist Oculus. The deal is worth $2bn – that’s $400m in cash and 23.1m Facebook shares. There’s another $300m in the offing too should Oculus hit its goals. Mobile is …

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Sony’s foray into VR is ‘a bad idea’, Pachter says

While there is some money to be made from virtual reality, Sony is wasting its time on the technology. That’s according to US analyst Michael Pachter, who has described the company’s recent reveal of Project Morpheus as a bad idea”. I think it’s a bad idea for multiple participants to …

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VR needs to sell 1m units to be viable, Ubisoft exec says

Virtual reality hardware will need to hit the seven figure sales milestone before it becomes a realistic proposition for triple-A publishers. That’s according to Ubisoft’s VP of creative Lionel Raynaud, who as reported by GameSpot told a GDC roundtable that "VR would need to sell at least 1 million units …

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Sony reveals its virtual reality Project Morpheus headset

Virtual reality is coming to PS4. Sony at GDC overnight revealed its much-rumoured virtual reality headset, which for the time being is codenamed Project Morpheus. The unit, which works with PS4, displays in 1080p, has a 90-degree field of view and boasts full 360 degree head tracking. It uses the …

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