Many investors were baffled when Facebook announced its $2 billion acquisition of Oculus VR last year -- virtual reality headsets seemed like an odd strategic fit for the core advertising business of ...

Facebook’s VR subsidiary Oculus is shutting down its VOD efforts on is Oculus Rift headset this week, and is reimbursing anyone who has bought titles in the past. Oculus told Rift users in an email ...

The short is one of the narratives that will be available for the Rift VR head set when it is released in early 2016. By Carolyn Giardina Tech Editor Henry, a 10-minute animated virtual reality ...

Facebook is reportedly holding talks with Hollywood studios and directors with the aim of bringing custom-made virtual reality movies to its Oculus Rift headset. The social network is approaching Fox, ...

John Carmack, legendary programmer and former CTO of Oculus, is known for giving his unfiltered thoughts on almost every aspect of the XR industry. While he departed Meta in December, concluding his ...

With VR if you can confidently sell even a few hundred thousand units of a premium price point game, you're going to be able to recoup your money because we're not talking about productions on the ...