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Facebook buying Oculus for $2 bln

Date:
March 26, 2014
Source:
Reuters - Business Video Online / Powered by NewsLook.com
Summary:
Facebook is betting that virtual reality will go beyond gaming to become the next big communication platform. Fred Katayama reports. Video provided by Reuters


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last updated on 2014-07-31 at 1:01 pm EDT

What Does Facebook Gain From Oculus 3D Tech Purchase?

What Does Facebook Gain From Oculus 3D Tech Purchase?

Newsy (Mar. 25, 2014) — 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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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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Apple Beats Estimates, Most Looking to Second Half of 2014

Apple Beats Estimates, Most Looking to Second Half of 2014

TheStreet (Apr. 24, 2014) — TheStreet's Stephanie Link and Real Money Contributor Dan Nathan discuss Apple's first quarter results. Link and Nathan expected the tech giant to lower guidance for the current quarter which they felt could send shares lower and present a buying opportunity. Nathan says options are cheap because Apple has been aggressively buying back shares. Video provided by TheStreet
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Facebook Makes Users Feel Worse Study Says

Facebook Makes Users Feel Worse Study Says

Buzz60 (Aug. 16, 2013) — A study by researchers at the University of Michigan is adding to the stack of studies that say Facebook makes its users feel bad about themselves. It also finds that increased Facebook use means less intimate interaction, and says people tend to turn to Facebook when they are feeling lonely.
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