In Facebook's Q1 2020 earnings call today, the company overviewed its latest financial situation and noted that Oculus products were a major contributor to $297 million in non-advertising revenue. While Facebook makes the vast majority of its revenue from advertising,...

Facebook is taking an important step towards releasing its first AR headset, as the company has signed an exclusivity agreement with UK-based AR display maker Plessey to supply the company with microLED displays. "We have decided to work with Facebook...

The 2020 Game Developers Conference (GDC) would have started today had it not been canned like basically every major expo from here until summer. To compensate, Facebook is hosting what it calls its Game Developers Showcase, and it's starting...

Facebook and Sony today announced they won't be attending the annual GDC conference in San Francisco next month other Coronavirus concerns. GDC has historically been a key event for both Facebook/Oculus and Sony, with major announcements and previews of...

According to regulatory filings uncovered by Tech Crunch, Facebook has acquired Scape Technologies, a London-based computer vision startup. Facebook has yet to publicly acknowledge the acquisition. A company spokesperson told Tech Crunch that it "acquire smaller tech companies from time to...

In Facebook's quarterly earnings call yesterday, company CEO Mark Zuckerberg revealed that the Oculus Store had sold nearly $5 million worth of content on Christmas Day alone. Zuckerberg says in the Q4 2019 earnings call that the Christmas Day boom was...

Facebook CEO Mark Zuckerberg today laid out a range of topics on which he and his company will focus over the next decade. By 2030, he says, AR and VR telepresence could allow employees to work remotely from anywhere...

Although Facebook Spaces was shut down in October, making way for the company's next social VR platform, Horizon, Facebook is rolling out some big social changes that promise to make meeting, talking, and playing together on the Oculus platform...

Facebook today announced that Adobe—the company behind industry-leading creative tools like Photoshop, Premiere, and Substance—has acquired Oculus Medium, the company's VR sculpting tool. Oculus Medium launched back in 2016 alongside the company's Touch motion controllers, and began as an exploration...

Facebook held its Q3 2019 earnings call late last week, and Oculus again found itself in the center stage as one of the company's most visible of projects. Company founder and CEO Mark Zuckerberg acknowledged that although their plans...

As of October 25th, Facebook Spaces has been shut down to "make way" for the company's next try at a social VR platform, Horizon. While Spaces didn't catch on, it represented some of the company's finest VR design work to date....

Today at Oculus Connect 6, Facebook formerly announced plans to develop a consumer-focused AR headset. But while the company wasn't ready to actually talk about the product, they said their focus is starting first on a building a copy...

Facebook announced today plans to acquire CTRL-Labs, a brain-computer interface startup developing hardware and software for decoding electrical activity from the brain to be used for computer input. Facebook says that with the company's expertise, it plans to develop...

Facebook is building augmented reality headsets with the intent of eventually bringing one to market, this much is clear from its many job postings, research projects, and forward-looking statements from company execs. Now, a CNBC report contends that Facebook...

Nate Mitchell, Facebook's Head of VR Product, and the last of Oculus' co-founders, has announced that he's leaving the company. Mitchell was among five core people at the inception of Oculus in 2012, which also included Palmer Luckey, Brendan Iribe,...