Facebook Virtual Reality Apps

Is the world ready to social network in virtual reality?

By on February 18, 2015 at 8:30 PM.

Is the world ready to social network in virtual reality?

The world of virtual reality is about to get a lot more social. Facebook product head Chris Cox announced on Tuesday at the Re/code Code Media conference that Facebook is building virtual reality versions of its apps, reports The Verge. More →

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Facebook Oculus VR Acquisition

Facebook is growing up: With Oculus buy, a social network prepares for its next act

By on March 27, 2014 at 1:31 PM.

Facebook is growing up: With Oculus buy, a social network prepares for its next act

Social networks aren’t always going to be en vogue. Facebook may have a billion users today, but what happens when that growth stalls? What happens when it turns negative? If it’s no longer the only source of revenue, the answers to those questions matter much less — hence, the purchase of Oculus VR. Lately, Facebook’s been buying (and trying to buy) companies that don’t exactly mesh with what it is. You could look at it two ways: It’s either getting into businesses that it has no concept of how to handle (see: Cisco’s purchase of Flip Video), or either it’s brilliantly diversifying its portfolio.

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