Facebook acquires Oculus for $2bn

Who saw this coming? Social media giant Facebook has made a massive move into gaming with the acquisition of VR specialist Oculus. The deal is worth $2bn – that’s $400m in cash and 23.1m Facebook shares. There’s another $300m in the offing too should Oculus hit its goals. Mobile is …

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‘Steam Greenlight will be gone within 12 months’

Steam Greenlight will be abolished within the next year, according to Curve Studios design director Jonathan Biddle. The developer claimed onTwitterhe had spoken to Valve at GDC, which told him the community voting service would be "gone within 12 months". Valve boss Gabe Newell has previously said Greenlight would be …

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