Oculus

WASHINGTON: A US jury on Wednesday ordered Facebook and creators of its Oculus Rift to pay $500 million to gaming software firm ZeniMax in a lawsuit that claimed the virtual reality technology was stolen. The Texas jury made the award in a…

Facebook has hired Hugo Barra, the most prominent global executive at Chinese smartphone maker Xiaomi, to lead its virtual reality business including the Oculus unit, Chief Executive Mark Zuckerberg said. The 32-year-old Facebook founder…

SAN FRANCISCO: Apple has a team secretly working on virtual and augmented reality gear in a budding challenge to Facebook-owned Oculus Rift and Microsoft HoloLens, the Financial Times reported on Friday.

SAN FRANCISCO: Google said this week one of its least expensive innovations -- virtual reality headgear made of cardboard -- has become a huge hit.

SANFRANCISCO: Virtual reality, artificial intelligence and drones will enable Facebook Inc to create a more lifelike and useful social network, the company said in its clearest explanation so far for technology projects that have puzzled…

LOS ANGELES: Facebook Inc's Oculus VR unit announced an upgraded prototype of its virtual reality headset that has higher resolution and built-in audio, but the company said it is not ready to sell a device to consumers.