The Drill Down 325: Don’t Underestimate The Power Of The 4th
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This week, tech giants take a stand against the FCC, Russia restricts free speech for bloggers, China’s about to launch an IPO that may dwarf Facebook, Who really won Samsung vs. Apple? …and em>Star Wars the way it was really meant to be seen…

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Facebook Acquires Oculus Rift VR Company For $2 Billion
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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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