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Startup Acquisitions Herald Virtual, Augmented Reality Apps From Facebook

giulioprisco writes Oculus VR, the Virtual Reality (VR) technology company acquired by Facebook earlier this year, announced recently that they are acquiring two small start-up companies, Nimble VR and 13th Lab, to fill gaps in their virtual reality capabilities. The acquisitions may indicate that, besides VR games and social worlds, Facebook may target Augmented Reality (AR) applications, like Google is doing with Google Glass.

11 comments

  1. Re:evil by Anonymous Coward · · Score: 0

    How is this going to give us a Free Internet?

  2. Not interested, really... by Anonymous Coward · · Score: 0

    Where does the money come from to PAY for this stuff? Where are Facebook and Google getting their revenue for this stuff?

    1. Re:Not interested, really... by Anonymous Coward · · Score: 0

      Where does the money come from to PAY for this stuff? Where are Facebook and Google getting their revenue for this stuff?

      if they acquire a company with cash, it's cash from investors willing to pay for their shares on the day of the IPO. Now that their stock is well above that level, they could do a secondary offering to raise more cash (and fuck over the existing shareholders via dilution). If they acquire a company with stock, the shareholders of the acquired company get their cash when they sell their FB shares on the open market. Stock is just another form of currency, it's just a lot more liquid than bitcoin.

  3. still dead to me by Anonymous Coward · · Score: 0

    Sorry oculus you had your chance

  4. TERCOM by Ceriel+Nosforit · · Score: 1

    The first implementations of the SLAM-type algorithms came from a missile with the same name; the Supersonic Low Altitude Missile. This was a multi-attack nuclear weapon which would cruise along the ground at Mach 3 and pop off nukes on Russian cities as it went, spewing fission products from its exhaust. A truly monstrous weapon.

    Its design started in 1955. - No, that's not a typo.
    http://en.wikipedia.org/wiki/S...

    --
    All rites reversed 2010
    1. Re:TERCOM by Anonymous Coward · · Score: 0

      Ideal for home defence - head down to WalMart now!

    2. Re:TERCOM by Anonymous Coward · · Score: 0

      The first implementations of the SLAM-type algorithms came from a missile with the same name; the Supersonic Low Altitude Missile. This was a multi-attack nuclear weapon which would cruise along the ground at Mach 3 and pop off nukes on Russian cities as it went, spewing fission products from its exhaust. A truly monstrous weapon.

      Its design started in 1955. - No, that's not a typo.
      http://en.wikipedia.org/wiki/S...

      Wow. Facebook will be unstoppable now.

    3. Re:TERCOM by Anonymous Coward · · Score: 0

      Wtf are you talking about? You're insane.

  5. Facebook smear everything tasty with their faeces by Anonymous Coward · · Score: 0

    Earlier WhatsApp now this. How about they just don't and then those of us who don't like the taste of faeces still have part of the web to use?

  6. Translation please by Anonymous Coward · · Score: 0

    Can someone please translate the title for me?