Oculus Rift backers react in anger to Facebook buyout

A number of those who supported Oculus Rift’s Kickstarter campaign have lashed out at its sale to Facebook. Although there is nothing in Kickstarter’s T&Cs to prevent a company being acquired, many backers feel betrayed that their money has helped to fund a product that is now owned by Mark …

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King suffers worst IPO day one of 2014

It was a rough day on the markets for casual games maker King yesterday. The Candy Crush Saga maker kicked off its IPO with an introductory stock price of $22.50. By the end of trading that had fallen to $19 – a decline of 15.5 per cent that VentureBeat says …

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