Facebook Acquires Oculus, Oculus Rift Minecraft Cancelled

Facebook has acquired Oculus, paying a reported $2 billion for the virtual reality startup, which Forbes says is $400 million in cash and 23.1 million shares of Facebook stock, and the deal includes another potential $300 in incentives. "Mobile is the platform of today, and now we’re also getting ready for the platforms of tomorrow," Facebook founder Mark Zuckerberg said in a statement. "Oculus has the chance to create the most social platform ever, and change the way we work, play and communicate." There's some immediate fallout from this as Markus "notch" Persson tweets (thanks nin via Joystiq) that this has ended the possibility of an Oculus version of Minecraft: "We were in talks about maybe bringing a version of Minecraft to Oculus. I just cancelled that deal. Facebook creeps me out."
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Re: Facebook Acquires Oculus, Oculus Rift Minecraft Cancelled
Mar 25, 2014, 20:53
Cutter
 
17.
Re: Facebook Acquires Oculus, Oculus Rift Minecraft Cancelled Mar 25, 2014, 20:53
Mar 25, 2014, 20:53
 Cutter
 
So beyond a very niche market of gamers to begin with. How can they monetize this? Military? Science? Engineering? Again very niche, very specific applications.

Can you really see your average household family of four sitting around the dinner table wearing these cumbersome things on their heads?

No, as we were talking about in the other thread, I think there's something we're not seeing yet. Possible potential long term stuff with patents acquired sort of thing. Does anyone have the inside track on patents the OR team has? Because that has to be it. There's no way they'll ever make this back selling headsets. There must be a bigger, long term plan at work unless - as Beamer said- Zuck just thinks it's cool and wants it. Which really doesn't go over with public companies. And for those who missed it, correspondingly, FB lost 1.6 billion in valuation today after the announcement.

Now, if they can deliver a Gibson/Snow Crash type VR I'm in, otherwise don't waste my time.
"Well, he’s not a villain Summer, but he shouldn’t be your hero. He’s more like a demon, or a super fucked up god." - Morty Smith
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