Quantcast
Destructoid: Videogame News & Community

DestructoidJapanatorTomopopFlixist



Live Broadcast   |   Subscribe   |   Show schedule



Top Stories


    New     trending       featured       controversial       weirdest       by author       freebies       |       following





DESTRUCTOID, EST. IN 2006, IS AN INDEPENDENT NEWS COMPANY. WE ARE GAME CRITICS. OUR COMMUNITY IS RAW, VOCAL, AND HARDCORE <3
Support Dtoid by becoming a Huge Member








Dtoid is...

Hamza Aziz
Chief Executive
Dale North
Editor-in-Chief
Max Scoville
Video Warlock
Steven Hansen
Features Editor
Chris Carter
Reviews Director
Jordan Devore
News Editor
Andy Dixon
Community Manager
Phil Janca
King of the Stream
Spencer Hayes
Defender of Dtoid.tv
Niero G.
Founder

Editors
Meet the team

Our sites
Flixist
Japanator
Tomopop

Contact Us
Suggest News
Advertising
Privacy
Contact Us

2:30 PM on 04.15.2014

SoundSelf is an experience that puts you into a trance

SoundSelf was one of the more interesting experiences I had at PAX, or any other convention for that matter. I put on the Oculus Rift, the headset, and then hummed into the microphone where the visuals and audio would react ...

Hamza CTZ Aziz


Advertisement:

Up to 90% off this week at Paypal's Spring Gaming Sale

Are you ready for the 4th week of PayPal's Spring Gaming Sale? Games are now up to 90% off:

DarkSiders II - 90% off     |     GhostControl Inc. - 30% off
Worms Armageddon - 66% off     |     PixelJunk Franchise - 56% off
Race the Sun + Soundtrack - 40% off     |     EVE - 75% off + free ship
Call of Duty: Ghosts - 50% off     |     G2A Gift Cards - 7% off

Hurry, deals end on 4/17 @ 8 GMT. You can also buy all the games at G2A.COM at 7% off with G2A Gift Cards. Shop Now




10:45 AM on 04.15.2014

Oculus Rift total sales at about 85,000

Want to know how Oculus Rift is doing? Well, dev kits aren't a great indicator, but at least we know about how many of those have been shipped. Oculus Rift told TechCrunch that they've sold about 25,000 dev kit 2.0 units ...

Dale North

10:00 PM on 04.14.2014

My little Oculus-chan can't be this cute

At Unite Japan 2014, Oculus CEO Palmer Luckey joked that maybe Oculus needed an Oculus-chan following a presentation that featured Unity's mascot, Unity-chan. Then, the internet took over. Developer Kenji Iguchi compiled some...

Steven Hansen

3:30 PM on 04.12.2014

Desert nightmare Grave is coming to the Xbox One

The Oculus-supported surrealist hellscape Grave will be coming to Xbox One in addition to the planned 2015 PC, Mac, and Linux releases, Destructoid has confirmed. The horror game, which features a rapid day and night cycle w...

Steven Hansen

4:30 PM on 04.01.2014

Star Citizen's Chris Roberts responds to Oculus buyout

Facebook's acquisition of the Oculus Rift company was a shock to say the least, and whilst industry figures have expressed cautious optimism over the buyout, there's still a sense of unease as to what the social media giant h...

Alasdair Duncan

1:45 PM on 04.01.2014

Oculus VR recruits Aaron Nicholls, yet another one of Valve's employees

Now that Oculus VR has all that sweet social networking money behind it, it's not shy about going out and finding new employees. You can add Aaron Nicholls as the newest member to begin working out of the Valve satellite offi...

Brett Makedonski

9:30 AM on 03.31.2014

Facebook's Oculus acquisition has led to death threats

Don't make death threats. Oculus Rift creator Palmer Luckey said that employees and their families have gotten death threats since Facebook bought the company. Stop doing that, any terrible persons that might be reading this....

Steven Hansen

5:00 PM on 03.28.2014

Canceled Minecraft for Oculus Rift would've been free to help promote VR

I'll admit it: when I heard Markus "Notch" Persson had canceled Minecraft for Oculus Rift because Facebook acquired its creator Oculus VR and the social network company "creeps" him out, I was skeptical about how much work ha...

Jordan Devore

1:00 PM on 03.28.2014

Michael Abrash leaves Valve for Oculus VR

Following Valve virtual-reality engineer Atman Binstock's departure to work for Oculus VR, another Valve employee, Michael Abrash, has made the jump. He joins the company as its chief scientist. Abrash wrote a blog post about...

Jordan Devore

9:00 PM on 03.27.2014

Project Cars one of the first games to support Project Morpheus

Slightly Mad Studios has announced that Project Cars will work with Project Morpheus. The sensation of "speed, distance, perception, changing focal points, and physically-accurate cockpit and helmet views" will all be simulat...

Hamza CTZ Aziz

11:15 AM on 03.27.2014

Frog Fractions 2 adds $2B stretch goal to buy Oculus VR back from Facebook

The big news of the week was Facebook's surprising purchase of Oculus VR, the company behind the crowdfunded virtual reality headset Oculus Rift. Naturally, the denizens of the Internet (over)reacted unfavorably, and Minecraf...

Darren Nakamura





1:45 PM on 03.26.2014

Oculus post Facebook acquisition: 'We promise we won't change'

You know who else promised they wouldn't change, Oculus? My third husband. But two years after a trip to Nepal and he's thirty pounds heavier, balding, and a born again Christian. That's not what I signed up for. No matter yo...

Steven Hansen

8:00 PM on 03.25.2014

The Forest will be $14.99 when it hits Steam in May

Following the recent trailer for The Forest, Endnight Games has come out with a handful of new screenshots for its open-world survival horror title as well as expanded launch details. As stated before, this'll be hitting Stea...

Jordan Devore

6:15 PM on 03.25.2014

Oculus Rift version of Minecraft canceled because of Facebook acquisition

Markus "Notch" Persson has canceled the Oculus Rift version of Minecraft due to the just announced acquisition deal of the VR company by Facebook. Why? Because as Notch stated, "Facebook creeps me out." Hey, it's his company....

Hamza CTZ Aziz

5:45 PM on 03.25.2014

AdverCity is the cyberpunk tycoon game I didn't know I wanted

Whether it's down to our ever growing dependency on technology or fears about our privacy, cyberpunk has never been as in vogue as it is now. Hence the recent Cyberpunk Game Jam which resulted in some cool-looking games, one...

Alasdair Duncan



Facebook to acquire Oculus VR for around $2 billion photo
Facebook to acquire Oculus VR for around $2 billion
by Jordan Devore

Facebook announced today it has reached an agreement to acquire virtual-reality headset maker Oculus VR, Inc. for approximately $2 billion -- spread across $400 million in cash and 23.1 million shares of Facebook common stock -- with an extra $300 million earn-out in cash and stock tied to certain undisclosed milestones. The deal is expected to happen in the second quarter of 2014.

"Facebook plans to extend Oculus' existing advantage in gaming to new verticals, including communications, media and entertainment, education and other areas," reads a press release. "Given these broad potential applications, virtual reality technology is a strong candidate to emerge as the next social and communications platform."

Facebook CEO Mark Zuckerburg elaborated on the acquisition in a post, writing that "We're going to focus on helping Oculus build out their product and develop partnerships to support more games. Oculus will continue operating independently within Facebook to achieve this.

"But this is just the start. After games, we're going to make Oculus a platform for many other experiences. Imagine enjoying a court side seat at a game, studying in a classroom of students and teachers all over the world or consulting with a doctor face-to-face -- just by putting on goggles in your home. This is really a new communication platform."

Unexpected, to put it mildly, but this makes sense given the long-term plans of both companies.

view full story + comments