Oculus Facebook: The Zuck got out the chequebook again this week, signing off $2bn for a virtual reality headset called Occulus Rift (for those trying to keep their .com acquisition exchange rate up to date, that’s two Instagrams, but only a 5th of WhatsApp).

Essentially, the Oculus Rift is an IMAX theatre squeezed into giant, blacked out ski-goggles. Particularly popular with gamers, the goggles allow you to immerse yourself fully into a 3D game landscape, where your movements in real-life are mapped to the pile of pixels you’re using to destroy other pixels with.

Continue reading “Why Facebook bought Oculus VR; why Twitter is becoming Facebook; and this week’s bits and bytes”