Facebook’s Acquisition Of Oculus Vr Now Complete – Ign

Facebook lets users squirrel items away – Yahoo News

04:30 IGN Conversations In their announcement, the companies did not reveal any additional details regarding the finalized transaction, although they did issue a statement stating, “Were looking forward to an exciting future together, building the next computing platform and reimagining the way people communicate.” When the acquisition plans were first announced, Oculus VR was set to receive $400 million in cash and 23.1 million in Facebook shares. At the time, Facebook said that the company “plans to extend Oculus’ existing advantage in gaming to new verticals, including communications, media and entertainment, education and other areas.” 02:00 Preview Since the time of the original announcement, Oculus VR revealed plans to acquire the design team behind the Xbox 360’s controller and Kinect, became involved in a lawsuit with ZeniMax Media over the technology used with the Rift headset, and sent out the first shipments of their Oculus Rift Development Kit 2 headsets . Oculus will be hosting its first developers conference, Oculus Connect , this September in Hollywood, California. Justin is all about his family and his gadgets.

Facebook hires NBA’s Dan Reed to head sports partnerships | Boston Herald

Additionally, well be keenly watching how the company performs in international markets which is where the most of its incremental growth will come from in the future. See our complete analysis for Facebook Expect Sequential and Year-Over-Year Growth in Ad Pricing Facebook has continuously worked on optimizing its ads to make them more relevant for marketers. This will help it sustain the growth in ad pricing, which has been one of the primary reasons behind its stellar revenue jump in recent years. Q1 2014 results perfectly showcased what we can expect this year from Facebook.

Facebook Earnings Preview: Good Performance Expected to Continue – Forbes

“You can save items like links, places, movies, TV and music.” The feature is being added as Facebook users increasingly connect with the social network from mobile devices while on the go, with only snippets of time to explore Internet offerings. Letting people save items for later scrutiny encourages people to return and spend more time on Facebook, increasing opportunities for the social network to cash in on money-making tools such as advertising. California-based Facebook said users have the option of keeping saved items private or sharing them with friends via the social network.

“Dan is a welcome addition to the team building more meaningful connections, conversations and experiences in this area.” Last December, Facebook acquired SportStream, a small startup that aggregated and analyzed sports-related social conversations and content about sports in real time. Facebook’s partnerships team works with the SportStream product group, both of which are overseen by Justin Osofsky, VP of global operations and media partnerships. More recently Facebook reported record activity for the 2014 FIFA World Cup for a sporting event to date. From June 12 to July 13, 350 million people worldwide generated 3 billion interactions related to the soccer tourney on the service – including 88 million users and 280 million interactions for the Germany-Argentina final, making the match the most-talked-about sporting event ever on Facebook.