Above: Palmer Luckey on the cover of Time in August 2015. Palmer Luckey, who founded Oculus Rift and who many credit with reviving the virtual reality industry, has left Oculus VR and Facebook, as ...

Facebook will acquire virtual reality technology company Oculus VR for $2 billion. In a post on his Facebook profile page today, Mark Zuckerberg announced this acquisition, which is primarily known ...

Cut through the jargon and it’s slowly becoming clearer why Facebook decided to acquire virtual reality gaming company Oculus VR for $2 billion. Shortly after the stock market closed today, the Menlo ...

Facebook surprised game fans last week by sliding its pointy, vampire teeth deep into the videogame industry. Oculus VR is a company that was quite literally fueled by community enthusiasm—enthusiasm ...

Palmer Luckey was only 21 when Meta acquired his virtual reality startup, Oculus VR in March 2014. The company was acquired ...

Minecraft creator, Markus 'Notch' Persson has withdrawn his support of Oculus Rift in the wake of the company's acquisition by Facebook for $2bn (£1.2bn). "I definitely want to be a part of VR, but I ...

Minecraft creator Markus "Notch" Persson has shed additional light on why Minecraft will no longer be developed for the Oculus Rift, following Facebook's acquisition of developer Oculus VR earlier ...

How weird it must be to know that if you do everything right and help your company succeed that the ultimate result could actually mean your job is redundant. That's exactly the feeling that Oculus ...

(Reuters) - Facebook Inc's virtual reality unit Oculus VR is facing a lawsuit alleging it incorporated without authorization a smaller competitor's patented technology into its Rift headset. Sign up ...

Facebook will attempt to give the virtual-reality market a smack round the face and a kick up the arse, according to a new report by Bloomberg, with an apparently new class of VR device incoming, ...