-
What Does Space Sound Like? 'Spheres,' An Oculus VR Movie Series, Explores The Sounds Of The Universe
Friday, July 27, 2018 - 8:18am | 575"Spheres," a three-part virtual reality series set to debut on the Facebook, Inc. (NASDAQ: FB)-owned Oculus Rift VR headset, uses the technology to give viewers a sense of what it feels and sounds like to be in space. "Spheres" closed a seven-figure deal with...
-
Facebook Targeting 1 Billion Users For New VR Headset
Monday, October 16, 2017 - 11:32am | 464Facebook Inc (NASDAQ: FB) has bold plans for its new Oculus Go virtual reality headset, which could positively impact the entire semiconductor sector, according to Bernstein's Pierre Ferragu. Facebook's Oculus Go has a handful of notable characteristics that bodes well for the device's...
-
Facebook's Oculus Setting Sight On Cheaper Headgear Launch In 2018
Friday, July 14, 2017 - 8:34am | 468In what could bring about a major upheaval in the virtual reality arena, Facebook Inc (NASDAQ: FB) is working on an economy Oculus VR headset, which could hit the market as early as next year, Bloomberg said, quoting people familiar with the matter. The proposed gadget priced at $200 is aimed at...
-
Facebook's Oculus Rift Is Dead-On-Departure, According To Trip Chowdhry
Wednesday, February 8, 2017 - 3:16pm | 271Investors that assume virtual reality will dominate our lives in the coming years may need to re-examine that thesis. Facebook Inc (NASDAQ: FB), a leading pioneer in virtual reality technology through its Oculus Rift segment, is closing 200 of its approximate 500 demo stations inside Best Buy Co...
-
Facebook Has A New Virtual Reality Chief
Thursday, January 26, 2017 - 2:17pm | 370Facebook Inc (NASDAQ: FB)'s co-founder and CEO Mark Zuckerberg said in a public post on his Facebook page that the computer scientist Hugo Barra will lead all of its virtual reality initiatives, including Oculus Rift. Who's Barra And What Will He Bring To Facebook's VR? As noted by Recode, Barra...
-
The 2016 Holiday Season's Best Toys
Thursday, December 29, 2016 - 12:25pm | 635The toy story has become engrossing, with estimates predicting a healthy 6.5 percent growth for the toy industry. NPD estimates toy sales growth of 6.5 percent for the year after an estimated 6 percent growth from January through September 2016. Over the years, the toy industry has turned in some...
-
Facebook's Oculus Touch Debuts With Mostly Positive Reviews
Wednesday, December 7, 2016 - 1:52pm | 289Facebook Inc (NASDAQ: FB) announced on Tuesday that its Oculus Touch product is now available for purchase. Facebook's $199 Oculus Touch package includes two controllers and a tracking camera is intended to complement the $599 virtual reality platform Oculus Rift. As noted by The Verge,...
-
3 Takeaways From Facebook's Oculus Connect Event
Monday, October 10, 2016 - 10:00am | 422Morgan Stanley disclosed three key takeaways from Facebook Inc (NASDAQ: FB)'s Oculus Connect 3 developer conference where developers and other industry professionals took part. The firm thinks that VR is in the midst of early innings with the passing of software/hardware and that initiative would...
-
Facebook Unveils Details Of Oculus VR Product Launch
Friday, October 7, 2016 - 2:36pm | 330Facebook Inc (NASDAQ: FB) announced the launch of Touch, a virtual reality headset at Oculus Connect, an event held in San Jose, California, and attended by nearly 3,000 people. The Touch comes on heels of the release of another VR headset called Rift, which was unveiled on March 28, 2016. Features...
-
Axiom's Anthony Is Convinced Of Longer-Term Potential For Facebook's Oculus Rift
Thursday, August 18, 2016 - 9:32am | 492Many experts, at first, were unsure of the validity behind Facebook Inc (NASDAQ: FB)'s strategic argument of acquiring Oculus Rift. The virtual reality company bought by Facebook in March of 2014 was an effort to enhance Facebook’s entertainment, communications and gaming business. Axiom...
-
Facebook Begins Taking Pre-Orders For Oculus Rift From Europeans, Canadians
Tuesday, August 16, 2016 - 12:08pm | 280Facebook Inc (NASDAQ: FB) boasts several different long-term growth prospects outside of its core social media platform. One of those prospects is Oculus Rift, the company's virtual reality headset. On Tuesday, Facebook announced Oculus Rift will be available for purchase across various...
-
Virtual Reality Could Be Revolutionary For Best Buy
Tuesday, August 2, 2016 - 8:23am | 424As virtual reality (VR) industry sales have been expanding, reaching an estimated $6.00 billion according to Industrial Distribution Group, Best Buy Co Inc (NYSE: BBY) has been referred by some analysts, including BTIG’s Alan Rifkin, to be among a list of companies ready to take advantage of...
-
Oculus RIft Will Boost Facebook Even More The Next 6 Months, Says Credit Suisse
Thursday, April 28, 2016 - 10:05am | 290Credit Suisse maintains its Outperform rating on Facebook Inc (NASDAQ: FB) and raised the price target on the stock by $3 to $145 on the back of potential strong demand for Oculus Rift units. The social media giant reported better-than-expected first quarter results and Oculus Rift headset, which...
-
Here's Where Facebook Needs To Grow
Tuesday, April 26, 2016 - 9:34am | 224Scott Kessler of S&P Global Market Intelligence was a recent guest on CNBC to discuss Facebook Inc (NASDAQ: FB)'s upcoming earnings print. Kessler said he expects Facebook to deliver 49 percent revenue growth in the quarter and it is "important" for the company to show investors it can continue...
-
Report: Oculus Rift CV1's Launch Delayed To August Due To Shortage Of Parts
Thursday, April 21, 2016 - 9:11am | 175According to a report by DigiTimes, Facebook Inc (NASDAQ: FB) is facing a shortage of parts for its Oculus Rift CV1 headset. The Oculus Rift CV1 was scheduled to be released sometime in April. The official Oculus Rift store confirms DigiTimes' report, and shows an estimated ship date of August,...