Many investors were baffled when Facebook announced its $2 billion acquisition of Oculus VR last year -- virtual reality headsets seemed like an odd strategic fit for the core advertising business of ...

BEVERLY HILLS, Calif. – Oculus is hedging its bets that an adorable critter named Henry can help convince consumers – and Hollywood – about the viability of virtual reality as a storytelling medium.

Just as the movie industry gathered this week at CinemaCon to discuss its future, Facebook came along and changed it without even bothering to show up in Las Vegas. The surprise $2 billion acquisition ...

How Oculus Plans To Fund And Inspire Great VR Content This Year The Facebook-owned division knows that for VR to become mainstream, there has to be great content for non-gamers.

Facebook is closing around 200 of its 500 Oculus virtual reality demo stations at Best Buy locations across the US, Business Insider has learned. The scaling back of Facebook’s first big retail push ...

Netflix has just launched a virtual reality version of its app for compatible headsets via the Oculus Store. Unfortunately, this doesn't mean you can step right into Walt's meth lab or one of Dexter's ...