Wednesday, March 26, 2014
Facebook has made another staggering purchase — $2 billion for the virtual reality gaming company, Oculus VR Inc. The social network made the announcement on its website yesterday. The deal includes $400 million in cash, 23.1 million shares of Facebook common stock, and $300 million earn-out in cash and stock “… based on the achievement of certain milestones.” “Mobile is the platform of […]