1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Facebook Buys Oculus Rift for For $2 Billion

Discussion in 'BlackHat Lounge' started by francis1017, Mar 26, 2014.

  1. francis1017

    francis1017 Supreme Member

    Joined:
    Feb 26, 2013
    Messages:
    1,296
    Likes Received:
    304
  2. Chris22

    Chris22 Regular Member

    Joined:
    Sep 29, 2010
    Messages:
    400
    Likes Received:
    1,059
    What a shame, oculus had so much potential
     
    • Thanks Thanks x 1
  3. Moosey

    Moosey Senior Member

    Joined:
    Dec 5, 2011
    Messages:
    1,043
    Likes Received:
    747
    With that type of funding it has even more now, look at the reward Mark is offering for them continuing to reach milestones with the technology.
    We're definitely headed for some interesting times.
     
  4. Chris22

    Chris22 Regular Member

    Joined:
    Sep 29, 2010
    Messages:
    400
    Likes Received:
    1,059
    Facebooks primary goals are social and data mining, not gaming. The oculus is most likely going to get warped to fit facebooks business model and not address the needs of VR as a gaming platform
     
  5. Moosey

    Moosey Senior Member

    Joined:
    Dec 5, 2011
    Messages:
    1,043
    Likes Received:
    747
    It would be a very unwise decision to not progress as a gaming platform as well, the gaming industry is HUGE.
     
  6. Dark Knight

    Dark Knight Jr. VIP Jr. VIP Premium Member

    Joined:
    Nov 15, 2009
    Messages:
    731
    Likes Received:
    1,194
    RIP oculus rift :7:
     
  7. ShadeDream

    ShadeDream Elite Member

    Joined:
    Nov 27, 2008
    Messages:
    2,209
    Likes Received:
    5,230
    Location:
    He who laughs last, laughs longest.
  8. Chris22

    Chris22 Regular Member

    Joined:
    Sep 29, 2010
    Messages:
    400
    Likes Received:
    1,059
    Facebook is just a cartel in the technology world. They claim to promote openness and connecting people, but unless you pay them you can't engage all your pages fans (which you've already invested lots of time and money acquiring) and your personal facebook posts barely even show up on most of your friends news feeds. It's a shame to see this mafia buying up companies that have so much potential, they got to make that $2B back somehow, and it's going to be much to oculus fan's chagrin.
     
  9. Conor

    Conor Jr. VIP Jr. VIP

    Joined:
    Nov 7, 2012
    Messages:
    3,361
    Likes Received:
    5,423
    Gender:
    Male
    Location:
    South Africa
    Home Page:
  10. jazzc

    jazzc Moderator Staff Member Moderator Jr. VIP

    Joined:
    Jan 27, 2009
    Messages:
    2,468
    Likes Received:
    10,148
    I kinda doubt the definition of a cartel is "they use their property to make money from me - instead of giving money to me for free" :)

    Well, since there is no IRS-FB division, they have to make that 2B by selling stuff. And if they manage to sell 2B worth of something based on OR, they obviously did a good move with their property.
     
  11. madoctopus

    madoctopus Supreme Member

    Joined:
    Apr 4, 2010
    Messages:
    1,249
    Likes Received:
    3,498
    Occupation:
    Full time IM
    Wow!

    ceosam owns Oculus. He's a user from BHW. Congrats to him, now he can afford to stay in a hotel that has bigger lamps.
     
  12. andzon

    andzon Regular Member

    Joined:
    Feb 8, 2010
    Messages:
    304
    Likes Received:
    39
    Yes with Facebook it increases the funding, however this will shift Oculus into a different direction that they initially have. They have to change their goal, and objective, abandon previous project just to meet Facebook new "social" project. Hopefully this isn't the case.
     
  13. dirtbag

    dirtbag Senior Member

    Joined:
    Jul 24, 2008
    Messages:
    990
    Likes Received:
    525
    I was so excited for what Oculus was bringing to the table here. I'm gonna pass though as well now. Facebook will just warp it into another data funnel. The original premise behind the Rift's marketing was a great approach, then they saw the $$$ and sold out their philosophy as far as I'm concerned.
     
  14. hateandbreak

    hateandbreak Supreme Member

    Joined:
    Apr 17, 2010
    Messages:
    1,394
    Likes Received:
    1,528
    Gender:
    Male
    Location:
    Amidst the INTL Traffic
    wtf i just read about this recently and never would of thought they'd sell to FB or at all even. Fuck me. I am still gonna see what becomes of it however, i had a game idea for it. If your a game developer. do hit me up!
     
  15. D3faultCell

    D3faultCell Newbie

    Joined:
    Mar 30, 2014
    Messages:
    1
    Likes Received:
    0
    Welp, get ready to see next-gen VR ads.
     
  16. blizzzard

    blizzzard Newbie

    Joined:
    Mar 30, 2014
    Messages:
    3
    Likes Received:
    0
    Which VR should I invest in...hmm.. Seems like a worthy investment for sure.
     
  17. dr.dreadman

    dr.dreadman Registered Member

    Joined:
    Oct 2, 2016
    Messages:
    52
    Likes Received:
    9
    Gender:
    Male
    I think that facebook did a good job by investing in Oculus Rift.