What just happened?!

It’s being reported that Facebook—you know, that little social media site that legally owns your soul—has purchased Oculus VR, the company that makes the highly anticipated virtual reality headset the Oculus Rift, for around half the price that Disney paid for Lucasfilm, a grand total of $2 billion.

The Oculus Rift has been making huge waves for its ability to make you feel like you’re somewhere you’re not, such as a movie theater, but it’s especially anticipated in the realms of video games, where the headset looks to be the VR accessory gamers have been waiting for. A quick visit to YouTube and you can see thousands of videos showing off what the Rift can do, and how it will look with most compatible games.

Continue reading for more and to read a statement from Facebook founder Mark Zuckerberg.

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This week: When exactly did Target know about last year’s security breach?, Amazon raises the price of Prime and ponders a Chromecast-style set-top box, Sony reveals a VR helmet, Google‘s smartwatch OS, and Tech’s biggest leaders, both living and dead, have an opinion to share on big issues this week.

This week, Top Cow Comics President & CEO Matt Hawkins joins our roundtable think tank as we ponder the true identity of the founder of Bitcoin, the NSA‘s plans to infect millions of computers with malware, Neil Young‘s high-fidelity MP3 player, the holy grail of wireless, a Netflix for pirated films, The Last of Us on the big screen, and the 25th anniversary of the web.

If you’ve not yet heard of the Oculus Rift, you will soon enough. Basically, it’s the virtual reality system we’ve all been waiting for for so very long now. A quick search over at YouTube will deliver to you hours of entertainment as people try various video games and other things out using the device.

In addition to a new type of video game experience, demos have been created to show off what the Oculus can do. The most popular of which lets you watch a movie in a virtual theater, but there are plenty others such as a wingsuit flight or a lunar flight simulator.

Recently at SXSW three cast members from HBO’s Game of Thrones got to try out another Oculus demo, one that lets you ride the winch elevator at Castle Black to the top of The Wall. Continue below to see a pair of videos of the experience, as well as a brief chat with the actors.