(adsbygoogle = window.adsbygoogle || []).push({}); Last night the world woke up to a new reality Facebook buys into virtual reality, not just the home for virtual friends but now virtual reality.
The company has decided to hand over $1.5 billion worth of shares to Oculus with $400 Million cash. Oculus is famous for being kicked started as a company before getting some pretty powerful backers from the gaming world. Recently the company has upgraded it headsets and releasing them as a SDKs.
So why does Facebook want a virtual reality headset designed for video gamers?
The answer is what Facebook believes is the next step forward for displays virtual reality as a platform.
Facebook is betting by being a major player in virtual reality it can be the king of the social communication space.
Of course it unsure if the gamble is going to pay off given how Facebook has spooked some investors by its lack of solid income or business model. Given how the company just hand over a ton of money to a company with no product on offer you can see why some are worried.
Mark Zuckerberg is taking a risk with his company, this year the company has taken over whatsapp.
Facebook has always been an odd ball in the tech world being a service company over hardware maybe Facebook is looking to expand into the hardware space for more stable incomes.

Mark Zuckerberg "Mobile is the platform of today, and now we're also getting ready for the platforms of tomorrow," "Oculus has the chance to create the most social platform ever, and change the way we work, play and communicate."
You can read the full post from him here You must login or register to view this content.

Given how Sony has a working VR headset meant to be working on one which works for video games under the code name Project Morpheus. Wedbush Morgan analyst Michael Pachter believes that VR is a niche market with too many players for Sony to make money in, won't turn into a new platform.
Microsoft is playing a wait and see what happens game with this statement "“VR is cool tech. One of the things we have is this huge Microsoft research organisation that is important to us as platform holders in helping us think what might came next. That’s where Kinect came from, it’s where voice recognition came from, it’s where Drivatar came from.”"

Honestly, I can see what Facebook is looking to do with it, but I'm still irritated by Facebook buying it because I was really looking forward to it. :\

Facebook is buying everything lol, they want that cash dope.

I hate the fact that Facebook literally has the money to take over any company they want to. I think Facebook is growing too big but the bigger they are , the harder they fall.