Tag Archives: facebook

Star Citizen will not be sold, the many backers of the space simulator have been assured. The pledge comes as Chris Roberts’ crowdfunded title passes the astronomical $41m funding mark. To answer [those] worrying about the possibility of Cloud Imperium being acquired by another, bigger company – don’t worry! We …

Founder Palmer Luckey lashes out at 'unwarranted' abuse following Facebook acquisition

Oculus staff and their families have received death threats over Facebook’s recent acquisition of the company, Oculus co-founder Palmer Luckey has revealed. Luckey explained in a post on Reddit that while Oculus employees had anticipated an initial negative reaction from the masses, the company didn’t believe the backlash would reach …

John Carmack has spoken positively of Facebook’s acquisition of Oculus and believes the firm gets "the big picture" for virtual reality’s potential. "There is a case to be made for being like Valve, and trying to build a new VR ecosystem like Steam from the ground up," he said. "This …

Social networking firm will be a 'powerful force' towards making virtual reality happen, says industry veteran

'We're on the cusp of what I think is not the next big platform, but rather simply the final platform'

Famed developer Cliff Bleszinski has criticised Markus Persson for his decision to pull the plug on the Oculus Rift version of Minecraft. Persson announced the cancellation of the project just moments after news of the Facebook acquisition of Oculus was announced, saying: I just cancelled that deal. Facebook creeps me …

Having seen $10bn wiped off its value yesterday, Facebook has again got off to a troubled start on the markets today. Following its acquisition of Oculus for $2bn on Tuesday night, Facebook saw a seven per cent decline in its share price throughout yesterday, falling from $64.65 at the start …

Oculus CEO Brendan Iribe has said that it was never the plan to sell the company. Despite this, so convinced were he and fellow co-founder Palmer Luckey that the actual deal that saw Facebook acquire the firm for $2bn was wrapped up in just 72 hours. We got the deal …

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 …