[Download]

Facebook's Oculus buys VR company behind Beat Saber

Facebook said Tuesday that its virtual reality unit is buying Beat Games, the company behind Beat Saber, one of the most popular games for its Oculus devices.

Why it matters: The move comes as a sign that Facebook continues to believe in and put money into VR even as the industry has slowed more than some had hoped.

Original article
Author: Axios

Smart, efficient news worthy of your time, attention, and trust

Axios has recently written 10 articles on similar topics including :
  1. "He has to do that while growing Facebook and not buckling on what he views as the core value of free speech". (January 9, 2020)
  2. "Facebook has been heavily criticized for its policies around political ads". (January 9, 2020)
  3. "Many of the new commitments focus on newsrooms that cover diversity". (January 28, 2020)
  4. "Many of the posts targeted President Trump's impeachment". (December 28, 2019)
  5. "The move is separate from Facebook's Libra cryptocurrency effort". (November 12, 2019)
  6. "The platforms are considering limiting political ads, not banning them". (November 7, 2019)
  7. "New policies will bar a wider set of manipulated and misleading video and audio posts". (January 7, 2020)
  8. "Hyde apparently kept a U.S. ambassador under surveillance in Kyiv, per new House documents". (January 18, 2020)
  9. "Facebook released a raft of small changes to its political ad rules, but not its "anything goes" content policy". (January 9, 2020)
  10. "The moves come as the World Health Organization declared a global emergency". (January 31, 2020)
Posted on  ,