Facebook Buys Oculus VR for $2 Billion

SAN FRANCISCO — Facebook believes that virtual reality is the future — and laid down a cool $2 billion to prove it.

Yesterday Facebook announced that it reached a deal to acquire Oculus VR, the creators of the virtual reality headset, Oculus Rift.

While many believed that the Oculus Rift, if viable, would serve as an innovative gaming platform, allowing for a fully immersive 3-D user experience, Facebook’s head honcho Mark Zuckerberg saw a greater potential for the fledgling hardware as social networking tool.

“Imagine enjoying a courtside seat at a game, studying in a classroom of students and teachers all over the world or consulting with a doctor face to face — just by putting on goggles in your home,” Zuckerberg wrote in a post on Facebook.       

Brendan Iribe, co-founder and the chief executive of Oculus VR, added that Facebook members could potentially create 3D avatars and interact with each other in a virtual party-like scenario.

“If you can see somebody else, and your brain believes they’re right in front of you, you get goosebumps,” Iribe told the New York Times. “You start to realize how big this could be.”

Understandably omitted from the discussion is the sexual element. If you can shake hands with an avatar, you can probably have sex with it.   

While Zuckerberg stated that virtual reality could be the preferred interface of tomorrow, and that we are still in a mobile-centric phase, its adoption could revolutionize teledildonics, as well as identity, touch and sexuality, shifting our globally integrated society further into a non/semi/alt-corporeal realm.   

Before the acquisition, several interactive erotic 3D games were being developed for the Oculus Rift, including “Wicked Paradise” and Custom Maid 3D.” It is unclear whether or not those projects will continue, especially given that Facebook's community policies err on the sexually restrictive side.     

Amid that starry-eyed wonder and what-ifs, many critics have injected their bit of cynicism, pointing out that virtual reality has had a stop-and-go "future" for several decades now.

Oculus Rift has shipped about 75,000 of its headsets to game developers, but it has yet to announce a public debut.

According to the New York Times, Facebook is paying $400 million in cash and about $1.6 billion in stock for the company, with up to $300 million more depending on Oculus’s performance.

Related:  

Copyright © 2025 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More News

Trump Administration Issues Executive Order Against 'Debanking'

The White House on Thursday issued an executive order limiting financial institutions’ ability to restrict access to financial services for people or groups involved in lawful industries, a longtime goal of adult industry advocates and stakeholders.

Millie Morgan Stars in Latest From MILFY

Millie Morgan stars with Hollywood Cash and Sheem in the latest release from Vixen Media Group (VMG) studio imprint MILFY, titled “Hot Blonde MILF Gets Tag-Teamed.”

Go.cam Launches Free Age Verification Solution, Anti-Fraud Features

Go.cam has announced that its age verification solution is now free with updated anti-fraud and identity protection features.

Mick Blue Dishes on Role in BET Plus Crime Flick 'Dutch III'

Decorated performer Mick Blue has stepped outside of the adult industry to appear in "Dutch III: International Gangster," a new mainstream crime movie currently streaming on BET Plus.

Blake Blossom, Millie Morgan Topline 'Massage Seductions 4' From Sweetheart Video

Blake Blossom and Millie Morgan headline the fourth volume of “Massage Seductions” from Mile High Media studio imprint Sweetheart Video.

Elegant Angel Rolls Out 'Performers of the Year 2025'

Elegant Angel has kicked off its annual "Performers of the Year" campaign with weekly double penetration scene releases as part of "DP Tuesdays."

Adult Time's 'How Women Orgasm' Series Spotlights Sarah Arabic

Sarah Arabic is spotlighted in the latest installment of "How Women Orgasm," from Adult Time studio banner Up Close.

Florida AG Sues EU-Based Adult Companies for Failing to Age-Verify Users

Florida Attorney General James Uthmeier filed a lawsuit Monday with the 12th Judicial Circuit Court of Florida against five EU-based adult companies for allegedly failing to require age verification before allowing access to adult content.

SkyPrivate Launches 'Telegram Pay-Per-Minute' Feature

SkyPrivate has launched a new pay-per-minute (PPM) private show option on Telegram.

Jessica Aaren, Wendy Raine & Harley Love Star in 'Freakier Friday' Parody From TeamSkeet

Jessica Aaren, Wendy Raine, and Harley Love star with Sage Roux in "I’m Still in My Stepdaughter's Body, Fuck Us Again," the latest parody release from TeamSkeet.

Show More