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Facebook eats at the Occulus Rift, leaves $2b tip

  • Izuno
  • March 25, 2014 at 9:46 PM
  • Izuno
    • March 25, 2014 at 9:46 PM
    • #1

    Er....i'm seeing this all over.


    http://kotaku.com/facebook-buys-…lion-1551487939

    http://www.businessinsider.com/facebook-to-bu…-billion-2014-3

    http://www.theverge.com/2014/3/25/5547…s-for-2-billion


    etc.


    Uh...it's worth $2 billion? Guess it is to FB...

  • FMPONE
    • March 25, 2014 at 9:49 PM
    • #2

    It's not what I would want personally, but this is business after all

  • JeanPaul
    • March 25, 2014 at 9:50 PM
    • #3

    Facebook?

  • -HP-
    • March 25, 2014 at 9:52 PM
    • #4

    How much fucking money facebook has that it keeps buying shit left and right for BILLIONS of dollars?

  • Czoolz
    • March 25, 2014 at 9:52 PM
    • #5

    I wonder what impact the Sony headset had with this.

  • Sentura
    • March 25, 2014 at 9:52 PM
    • #6

    RIP John Carmack

  • AlexM
    • March 25, 2014 at 10:09 PM
    • #7
    Quote from (HP)

    How much fucking money facebook has that it keeps buying shit left and right for BILLIONS of dollars?


    It's actually 400 million in cash. Rest is stock.

  • tomm
    • March 25, 2014 at 10:11 PM
    • #8

    well, that was unexpected.

  • Izuno
    • March 25, 2014 at 10:15 PM
    • #9
    Quote from AlexM

    It's actually 400 million in cash. Rest is stock.

    True. And that stock isn't exactly worthless.

  • Vilham
    • March 25, 2014 at 10:32 PM
    • #10
    Quote from (HP)

    How much fucking money facebook has that it keeps buying shit left and right for BILLIONS of dollars?

    Fake money, aka facebook shares. Don't think the company has actually turned a profit yet.

  • PogoP
    • March 25, 2014 at 10:35 PM
    • #11

    I wonder what FB want to do with this exactly? Can I view my FB wall in full 3D? Fuck it really is taking over now.

  • Izuno
    • March 25, 2014 at 10:43 PM
    • #12
    Quote from PogoP

    I wonder what FB want to do with this exactly? Can I view my FB wall in full 3D? Fuck it really is taking over now.


    The intention is way beyond gaming. In fact, the gaming aspect of it was probably a rounding error in the analysis inside FB that resulted in the buy decision.

  • cincinnati
    • March 25, 2014 at 10:49 PM
    • #13
    Quote from Vilham

    Fake money, aka facebook shares. Don't think the company has actually turned a profit yet

    facebook makes a profit.

  • Izuno
    • March 25, 2014 at 10:55 PM
    • #14
    Quote from cincinnati

    Fake money, aka facebook shares. Don't think the company has actually turned a profit yet

    facebook makes a profit.


    https://www.google.com/finance?q=NASDAQ:FB&fstype=ii


    Facebook has been getting more profitable each quarter. Diluted EPS has gone from $.03/share to $.20/share in a year.

  • AlexM
    • March 25, 2014 at 10:59 PM
    • #15
    Quote from Izuno


    It's actually 400 million in cash. Rest is stock.


    True. And that stock isn't exactly worthless.


    yeah not saying it's worthless but it's definitely worth less than pure cash. (edit) There's most likely some period of time they won't be able to sell the stock.

  • El Moroes
    • March 25, 2014 at 11:03 PM
    • #16

    [Blocked Image: http://a.disquscdn.com/get?url=http%3A%2F%2Fmedia.giphy.com%2Fmedia%2FfXDLjB42KMCAg%2Fgiphy.gif&key=7igEVDhwPwnGdVSF-ZnH6Q&w=600&h=352]

  • Steppenwolf
    • March 25, 2014 at 11:10 PM
    • #17

    You gotta be fucking kidding me. As i see it VR will be something very sensitive to privacy. Ther's a camera involved, ppl gonna watch porn etc. I don't want that shit connected to FB and the NSA! And i don't want ads in my view or whatever crap they come up with. Way to hurt VR hype in its still fragile infancy!

  • FMPONE
    • March 25, 2014 at 11:11 PM
    • #18

    Notch has cancelled Minecraft on the Oculus, stating that "Facebook creeps me out"


    Hard to disagree with him on that one

  • Pampers
    • March 25, 2014 at 11:11 PM
    • #19

    que posts on how fb is going to ruin the occulus along with zero arguments to why

  • 2d-chris
    • March 25, 2014 at 11:12 PM
    • #20

    this is good, Sony already have a headset just as good as this, so it's been cloned already. If it takes off we'll have tons of options for hardware, there's no such thing as buying the rights to prevent others from doing it - the entire tech world is in an endless legal battle already that never gets resolved.


    Hopefully this exposure will kick start the industry, it's only a good thing in the long run.

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