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What Does Facebook Gain From Oculus 3D Tech Purchase?

Date:
March 25, 2014
Source:
Newsy / Powered by NewsLook.com
Summary:
Oculus VR is the virtual reality company behind the Oculus Rift headset that allows for a 3D gaming experience. Video provided by Newsy


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last updated on 2014-09-01 at 10:23 pm EDT

Facebook May Be Banned in China, But Ad Sales Are Alive

Facebook May Be Banned in China, But Ad Sales Are Alive

TheStreet (May 13, 2014) — Facebook may be banned in China, but that hasn't slowed the social media giant from quietly building its advertising business there. Bloomberg reports that Facebook is looking to lease office space in China, presumably to open an office there. However, the company has already been working with exports on advertising. Facebook has essentially become more of an advertising company than a social media company since the social network went public, and companies have learned that a Facebook page is no good without spending some ad dollars since Facebook cut back on organic reach. Video provided by TheStreet
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WhatsApp Passes 600 Million Active Users, New Features in Progress

WhatsApp Passes 600 Million Active Users, New Features in Progress

TheStreet (Aug. 25, 2014) — There are 600 million people actively using WhatsApp. According to its founder, Jan Koum, the mobile app got 100 million more active users in just the last four months. Koum was quick to point out that active users are people using the app regularly. WhatsApp gained traction in every major region in the world. It's growing the fastest in Brazil, Russia and Mexico, and a tenth of the active users are from India. Facebook acquired WhatsApp at the beginning of this year for $19 billion. It expressed interests in monetizing WhatsApp better and is reportedly working on file sharing and call features. However, WhatsApp's most valuable part for Facebook is the database. Top traffic and the number of conversations allow Facebook to extract marketable information on the users' likings. Mark Zuckerberg said, "[WhatsApp] is the only app we've ever seen with higher engagement than Facebook itself." WhatsApp can also borrow what its competitor WeChat has been doing. WeChat took over the smartphone chatting arena in Asia by storm last year and it sells special stickers and emoticons for users to share with friends. Of course, WeChat contributes the most to its parent company Tencent's bottom line by driving traffic to everything else Tencent owns, and Facebook wants the same. Video provided by TheStreet
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Microsoft Guards Patents With Lawyer Entourage at Nortel Trial

Microsoft Guards Patents With Lawyer Entourage at Nortel Trial

TheStreet (May 12, 2014) — Microsoft will have numerous lawyers on call at a trial to divvy up the assets of Nortel Networks, formerly the largest maker of phone equipment in North America. When Nortel collapsed in 2009, Microsoft teamed up with fellow tech companies Apple and Sony to purchase more than 6,000 of its patents for $4.5 billion. Now, Nortel's creditors are taking to court to argue who deserves the funds raised from that patent sale. The joint venture known as Rockstar Consortium is defending the patents' confidentiality and will request certain content of around 1,000 court documents to be redacted. Video provided by TheStreet
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Microsoft Rumored to Be Testing Google Glass Like Device

Microsoft Rumored to Be Testing Google Glass Like Device

Newsy (Oct. 22, 2013) — The Wall Street Journal reports the company is testing its own smart glasses in an attempt to gain a foothold into the wearable tech market.
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