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Facebook’s Oculus ordered pay $500 mn in suit on stolen tech

WASHINGTON: A US jury on Wednesday ordered Facebook and creators of its Oculus Rift to pay $500 million to gaming software firm ZeniMax in...

Xiaomi executive Barra joins Facebook to lead virtual reality business

Facebook has hired Hugo Barra, the most prominent global executive at Chinese smartphone maker Xiaomi, to lead its virtual reality business including the Oculus...

Sony enters virtual reality race with PlayStation VR headset

TOKYO: Sony Corp will join the race for virtual reality (VR) dominance on Thursday with the $399 PlayStation VR, a headset the Japanese electronics...

Facebook’s Oculus pushes virtual reality with new gear

SAN JOSÉ: Facebook on Thursday worked to ramp up enthusiasm for its virtual reality line, unveiling new gear including a lower-end wireless headset prototype. The...

Facebook Messenger hits one billion users

SAN FRANCISCO: Facebook said the number of users of its Messenger application had topped one billion, a key milestone as it seeks to expand the platform to new services.

Apple quietly working on virtual reality: report

SAN FRANCISCO: Apple has a team secretly working on virtual and augmented reality gear in a budding challenge to Facebook-owned Oculus Rift and Microsoft HoloLens, the Financial Times reported on Friday.

Google says cardboard virtual reality headgear a hit

SAN FRANCISCO: Google said this week one of its least expensive innovations -- virtual reality headgear made of cardboard -- has become a huge hit.

Facebook talks up need for virtual reality, big tech bets

SANFRANCISCO: Virtual reality, artificial intelligence and drones will enable Facebook Inc to create a more lifelike and useful social network, the company said in its clearest explanation so far for technology projects that have puzzled some investors and analysts.

Facebook’s Oculus unveils new virtual reality prototype device

LOS ANGELES: Facebook Inc's Oculus VR unit announced an upgraded prototype of its virtual reality headset that has higher resolution and built-in audio, but the company said it is not ready to sell a device to consumers.
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