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Latest Finance News related to Oculus Rift

Zuckerberg addresses 'Facebook killing' image
Source : BBC [Read Article] Tuesday 18th of April 2017 06:19:46 PM
....". New virtual reality experiences making use of the Oculus Rift headset were also detailed, including:. ...
Toxic Trumpism may have one formidable foe: corporate America | Bakari T Sellers image
....Even company officials are under scrutiny. Fortune noted in September that no Fortune 100 company CEOs backed Trump, and Silicon Valley bigwig who did donate to a Trump-related organization, Palmer Luckey of Oculus Rift, faced backlash for it. ...
John Lewis unveils Christmas ad starring a dog on a trampoline image
Source : Guardian [Read Article] Thursday 10th of November 2016 12:01:17 AM
....Until Sunday 13 November, customers will be able to use special Twitter stickers that pop up when they use the hashtag #bouncebounce to personalise their photos with Buster and the other animals. Visitors to John Lewis’s Oxford Street store will be able to try a virtual reality version of the trampoline, where they can bounce alongside the animals using Oculus Rift goggles. ...
Windows 10 update and Surface Studio PC unveiled image
Source : BBC [Read Article] Wednesday 26th of October 2016 05:00:04 PM
....It said the lowest-cost model would be $299 (£245). That is several times cheaper than the video games-focused Oculus Rift and HTC Vive headsets already on sale. ...
Game's PlayStation VR demo charges spark anger image
Source : BBC [Read Article] Monday 24th of October 2016 10:46:16 AM
....99, is not as good as some of its rivals, Mr Feltham said. "I think it's great, it's not on the level of Oculus Rift or the HTC Vive - but for the money it's a good system," he added. ...
Kickstarter crowdfunding site launches in Asia image
Source : BBC [Read Article] Wednesday 31st of August 2016 08:20:18 AM
....Kickstarter makes money by taking a cut from the amount the projects receive. Prominent examples of products started on Kickstarter include the Oculus Rift headset, which received its first funding via Kickstarter in 2012, and the Pebble smartwatch. ...

National Theatre uses virtual reality to get actors into character
 image
Source : Telegraph [Read Article] Tuesday 2nd of August 2016 08:00:00 PM
....The technology was used for the first time with the cast of The Plough and the Stars, who wore virtual reality headsets to learn about the Easter Rising through a young man who lived it. Wearing Oculus Rift glasses and headphones, they followed 19-year-old Willie McNeive through the streets of 1916 Dublin as he took part in a violent armed insurgency in the hopes of forming an Irish Republic. ...
Facebook's net income triples in first quarter of 2016 image
Source : Guardian [Read Article] Wednesday 27th of April 2016 09:33:04 PM
.... “A lot of what we’re doing today including virtual and augmented reality may not pay off for years,” he said. Sales of Oculus Rift, which began this year but were not broken out in the filings, are “not going to have a material impact on revenue in 2016”, Wehner added. ...
PlayStation VR price announcement image
Source : BBC [Read Article] Tuesday 15th of March 2016 10:20:23 PM
....Sony has revealed that its virtual reality headset will cost $399 (£282) in the US. That makes it $200 cheaper than Facebook's rival Oculus Rift and $400 less than HTC's Vive. ...
Facebook's quarterly earnings surpass $5bn for first time thanks to ad sales image
Source : Guardian [Read Article] Wednesday 27th of January 2016 10:22:26 PM
....Zuckerberg talked enthusiastically about virtual reality, a technology he has previously described as the next major computing platform. Facebook’s Oculus Rift headset will be shipped to customers by the end of March 2015. ...
Davos: There’s a real risk of talking ourselves into a downturn image
Source : Telegraph [Read Article] Wednesday 20th of January 2016 09:20:59 PM
.... One need only walk along Davos’s main road – the Promenade – to see that playing out beyond the hall itself. From Facebook’s pop-up innovation lounge demonstrating the latest Oculus Rift prototypes, to Salesforce. ...
Hotspots, virtual reality and apps lead the way in Indigenous startups image
Source : Guardian [Read Article] Wednesday 13th of January 2016 10:31:09 PM
.... Brett Leavy, a Kooma man, has been the driving force behind the project since he came up with the idea in 1997. The program combines applied gaming with hardware such as the Oculus Rift virtual reality headset to deliver interactive 3D experiences. ...
Virtual reality tipped to break billion-dollar barrier in 2016 image
Source : Telegraph [Read Article] Sunday 10th of January 2016 10:05:00 PM
.... Companies including Sony, Facebook and HTC are betting on virtual reality (VR) becoming the next generation of entertainment. Oculus, the VR company bought by Facebook for $2bn in 2014, said last week that its first headset, the Oculus Rift, will be released in March, and others are due to follow soon after. ...
Holograms are coming to a high street near you image
Source : Telegraph [Read Article] Saturday 9th of January 2016 02:35:11 PM
.... . The unveiling of the Oculus Rift this year, which will soon make virtual reality available to the masses for the first time, signalled that the technology has come of age. ...
Paw Patrol: no job is too big for parents on the trail of this Christmas must-have toy image
....In the US, an IBM supercomputer called Watson trawls social networks, forums, comments and reviews to hunt down what consumers are talking about. On Cyber Monday this week Paw Patrol was at the top of its list of the “fastest trending products” that also included virtual reality headset Oculus Rift, the Nexus 9 tablet, Skullcandy headphones and Klipsch speakers. ...
Facebook now averages over one billion users a day image
Source : Guardian [Read Article] Wednesday 4th of November 2015 10:12:33 PM
....7% even as its revenues increase dramatically. Zuckerberg was guarded on virtual reality, saying that Facebook was “committed to Oculus and virtual reality for the long term”, but adding that he expected it to take a while before the company reaped the full benefits of its $2bn investment in Oculus Rift last year. ...
Back to the Future II: Hits and misses image
Source : BBC [Read Article] Monday 19th of October 2015 11:24:37 PM
....We get little hint at what Marty Jr sees via his hi-tech specs in the film, and their brand, JVC, is a much smaller force in consumer electronics than it once was. But several of today's bigger names are betting on various forms of the tech, whether it's Microsoft's Hololens, Facebook's Oculus Rift virtual reality headset or version two of Google Glass. ...
Facebook hosts 360 Star Wars video clip image
Source : BBC [Read Article] Thursday 24th of September 2015 01:41:17 AM
...." . Facebook bought Oculus VR, the company behind the Oculus Rift headset, for $2bn (£1. ...
Facebook sets user record as more than 1bn people log on in single day image
Source : Telegraph [Read Article] Thursday 27th of August 2015 08:53:36 PM
.... . Facebook is branching out from its roots and investing in future products such as virtual reality headset Oculus Rift. ...
Half of online world uses Facebook image
Source : BBC [Read Article] Wednesday 29th of July 2015 08:35:23 PM
....Facebook also highlighted the increasing importance of video, saying that usage continued to grow. And it said it would start selling its Oculus Rift 3D headset in the first three months of next year. ...
Why did Twitter boss stand down? image
Source : BBC [Read Article] Friday 12th of June 2015 12:29:54 AM
.... . Just today we were given a glimpse at the consumer version of Oculus Rift, a virtual reality headset bought by Facebook for $2bn last year - an investment in the future of how we communicate, and in a different league of ambition when compared to anything in Twitter's plans. ...
Facebook teams up with Microsoft to push Oculus Rift image
Source : Telegraph [Read Article] Thursday 11th of June 2015 11:16:55 PM
. Facebook has teamed up with Microsoft to make the Oculus Rift virtual reality headset work with Windows 10 and the Xbox games console. ...
Facebook buys British virtual reality start-up Surreal Vision image
Source : Telegraph [Read Article] Wednesday 27th of May 2015 11:07:08 PM
.... . Surreal Vision, which started life at Imperial College London, has been snapped up by Oculus VR, the company behind the Oculus Rift headset that was bought by Mark Zuckerberg’s social network for $2bn (£1. ...
The brave new world of office computing image
Source : BBC [Read Article] Tuesday 19th of May 2015 12:00:40 AM
....As costs come down, this becomes easier to do. Meanwhile in the more distant future, virtual-reality tech, similar to Oculus Rift's head-mounted display, might oust Skype conference calls for employees growing more dispersed geographically. ...
Facebook suffers slowest revenue growth in two years image
Source : Telegraph [Read Article] Wednesday 22nd of April 2015 11:11:52 PM
.... . Facebook has warned of heavy investments in 2015 as it steps up efforts to expand a collection of products that include messaging service WhatsApp, photo-sharing service Instagram and virtual reality headset maker Oculus Rift. ...
Facebook profits squeezed by costs image
Source : BBC [Read Article] Wednesday 22nd of April 2015 08:31:53 PM
....Spending on research and development jumped to $566m from $181m a year earlier. The company has warned that those costs are set to increase, as it looks to expand some of its acquisitions including photo-sharing site Instagram, messaging service WhatsApp, and virtual reality firm Oculus Rift. ...
Facebook founder Mark Zuckerberg: I'm bringing free internet to Europe image
Source : Telegraph [Read Article] Tuesday 14th of April 2015 11:58:14 PM
.... . Oculus Rift, the maker of a virtual-reality headset that Facebook bought for $2bn early last year, also got a mention. ...
HTC reveals virtual reality headset with Valve at MWC image
Source : BBC [Read Article] Sunday 1st of March 2015 03:33:48 PM
....A test version of the kit will go on sale to developers shortly, followed by a public edition later this year. It will compete with Facebook's Oculus Rift and Sony's Morpheus VR headsets. ...
New Thomas Cook boss says he can steer the troubled company back on course image
Source : Telegraph [Read Article] Wednesday 11th of February 2015 04:46:13 PM
.... . The firm has installed Oculus Rifts in three of its UK stores. ...
Facebook reports strong profits, adding millions of users image
Source : BBC [Read Article] Wednesday 28th of January 2015 09:16:39 PM
....The amount Facebook is spending on R&D nearly tripled to $1. 1bn this quarter, as the company spent considerable sums on developing its various acquisitions such as Instagram, WhatsApp and virtual-reality headset maker Oculus Rift, as well as its own in-house messaging products and video services. ...
RIP Google Glass: 5 other failed inventions and what they can teach us image
Source : Independent [Read Article] Friday 16th of January 2015 12:09:32 PM
....But given even in its statement announcing the closure of the Glass explorer programme Google continued to trumpet the technology’s use in the workplace, it looks like the glasses aren’t ready to stop asking to be taken seriously just yet. A visitor to a Tokyo software exhibition samples Nintendo's 32-bit "Virtual Boy" three dimensional virtual reality videogame system in 1994 The Virtual Boy looked a bit like Google Glass, or the bigger Oculus Rift. ...
Mixed reception for Aim companies image
Source : Telegraph [Read Article] Thursday 11th of December 2014 07:26:28 PM
.... . Looking ahead, traders were preparing for the arrival of Mercia Technologies, a specialist investment fund backing virtual reality software for headsets such as Facebook’s Oculus Rift, which is set to list on Aim next Thursday. ...
Virtual reality backer Mercia plans £100m IPO image
Source : Telegraph [Read Article] Thursday 4th of December 2014 02:43:32 PM
. Mercia Technologies, a specialist investment fund backing virtual reality software for headsets such as Facebook’s Oculus Rift, will float on AIM before Christmas, seeking a £100m valuation. ...
Harry Potter to Guardians of the Galaxy: the British firm behind the Hollywood blockbusters image
.... One route that cinema might choose to take over the coming years is virtual reality. Collis’s engineers are currently working on VFX solutions for the Oculus Rift headset. ...
Mark Zuckerberg takes $2bn hit after Facebook shares plunge on spending warning image
Source : Independent [Read Article] Wednesday 29th of October 2014 12:52:59 PM
....Facebook founder Mark Zuckerberg has seen nearly £2 billion wiped off his fortune, cutting it to around £20 billion, after shares in the world’s biggest social media company dived 10 per cent despite strong results. Wall Street investors were alarmed after Facebook warned of a big increase in spending to improve some of its recent acquisitions such as messaging service WhatsApp and virtual reality company Oculus Rift. ...
Facebook warns spending to rise image
Source : BBC [Read Article] Tuesday 28th of October 2014 08:36:03 PM
...."This has been a good quarter with strong results," said Mark Zuckerberg, Facebook founder and chief executive. However, costs increased by 41% during the quarter mainly due to its recent acquisitions: messaging app WhatsApp and virtual reality headset maker Oculus Rift. ...
7 ways to spot the next big thing image
Source : Telegraph [Read Article] Friday 10th of October 2014 05:00:11 AM
.... The most successful project to date is the Pebble E-Paper Watch, which raised more than £10m in 37 days on Kickstarter. The virtual reality headset maker Oculus Rift raised $2. ...
IFA 2014: Tech companies to unveil new smartphones and wearable headsets in Berlin image
Source : Independent [Read Article] Wednesday 3rd of September 2014 08:55:14 AM
....7-inch screen and premium metal design place it in direct competition with the iPhone. And there has been talk of a possible venture into the virtual reality market, to compete with the Oculus Rift headset and Sony's gaming prototype, Project Morpheus. ...
7 hot start-up ideas that could make you a millionaire image
Source : Telegraph [Read Article] Tuesday 26th of August 2014 05:00:26 AM
.... Virtual reality . Facebook spent $2bn on virtual reality headset maker Oculus Rift in March this year – a serious punt on a nascent industry. ...
Source : Independent [Read Article] Monday 28th of July 2014 02:44:18 PM
....BSkyb has increased its investment in Silicon Valley virtual start-up Jaunt, paying $400,000 (£236,000) for a further stake, following a $350,000 outlay in December. Jaunt claims its technology offers “cinematic virtual reality” that means “you will feel transported directly into the middle of the action” by wearing a headset such as Facebook’s Oculus Rift. ...
Facebook reports 138% surge in profits image
Source : BBC [Read Article] Wednesday 23rd of July 2014 10:21:22 PM
....But it represents a giant bet. The division has yet to release its first Oculus Rift helmet to consumers and there's no guarantee it will succeed where other VR firms have failed. ...
Now you too can make a hologram of Princess Leia, says TruLife Optic image
Source : Telegraph [Read Article] Saturday 5th of July 2014 08:34:20 AM
....” . With the rise of virtual reality technologies such as Oculus Rift and Google Glass, it is an exciting time for the emerging sector. ...
E3: Naughty Dog co-founder joins Facebook's Oculus VR image
Source : BBC [Read Article] Tuesday 10th of June 2014 11:22:47 PM
....Facebook agreed to acquire Oculus VR in March for about $2bn. The Facebook team got a further boost at E3 with news that Sega's forthcoming Alien: Isolation - a title based on Ridley Scott's sci-fi movie - is being developed with the Oculus Rift headset in mind. ...
Agencies as metaphors: an opportunity for reinvention? image
Source : Guardian [Read Article] Friday 6th of June 2014 12:28:11 PM
....Of course, emerging technologies will always provide a conveyor belt of new consumer behaviours and insights to work with. Google Glass, Oculus Rift, artificial intelligence – all of these will provide an interesting juncture between human impulse, entertainment, engagement and information exchange which immediately presents a fertile ground for creative opportunity. ...
Source : Telegraph [Read Article] Friday 2nd of May 2014 11:45:12 AM
.... . Since its former employee John Carmack helped improve the Oculus Rift VR headset, warned ZeniMax Media, Oculus would have to pay. ...
Sony cuts profit forecasts after Blu-Ray disappointment image
Source : Telegraph [Read Article] Thursday 1st of May 2014 11:00:31 AM
.... Sony's PS4 outsells Microsoft's Xbox One in March . Sony takes on Oculus Rift with virtual reality headset for PS4 . ...
Sanctions against Russia will exert 'substantial' drag on growth, warns IMF image
.... Ukraine mayor shot in assassination attempt as sanctions imposed . Gamer's extreme Oculus Rift reaction . ...

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