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

Richelle Ryan, Vince Karter Star in Christmas-Themed Release From New Sensations

Richelle Ryan and multi-XMAs winner Vince Karter star in the latest release from New Sensations.

Toby Dick Drops New Evil Angel Release With Baby Kxtten

Baby Kxtten stars in a new Evil Angel scene alongside director/performer Toby Dick.

New Federal Bills Aim to Repeal Section 230

Members of Congress this week introduced two bills calling for the repeal of Section 230 of the Communications Decency Act, which protects interactive computer services — including adult platforms — from liability for user-generated content.

Cherry Kiss Talks Perfectionism, Pressure and Loving the Grind

Cherry Kiss was en route to Exxxotica New Jersey when she learned she had received her green card. Fittingly, she had just landed at an airport in New York — home to Ellis Island and the Statue of Liberty. After successfully navigating the naturalization process, which she describes as “hard work,” she felt grateful for the friends who helped her with all the paperwork, and has since been trying to pay it forward by helping other friends with their U.S. visa applications.

Elizabeth Skylar Stars in Christmas-Themed Elegant Angel Release

Elizabeth Skylar stars with Parker Ambrose in a scene from Elegant Angel titled “A Hotwife for Christmas.”

RM11 Joins Pineapple Support as Supporter-Level Sponsor

RM11 has joined the ranks of over 70 adult businesses and organizations committing funds and resources to Pineapple Support.

PASS Names 3 New Board Members

Performer Availability Screening Services (PASS) has named RubyLynne, Beth McKenna, and Kira Noir as new members of its board of directors.

Avery Lust, Ariel Demure Headlines 'TS Chronicles 2' From TransSensual

Avery Lust and reigning XMAs Trans Performer of the Year Ariel Demure topline “TS Chronicles 2” from Mile High Media studio imprint TransSensual.

Adriana Chechik Returns to Blacked Raw With Blake Blossom

Adriana Chechik and Blake Blossom star with Sheem in the latest release from Vixen Media Group (VMG) studio imprint Blacked Raw.

Rocco Siffredi Makes On-Camera Return, Launches New Creator Platform

and he’s doing it in a way that reflects both his legacy and the creator-driven landscape shaping today’s market. His latest endeavor is built entirely around collaborations, an approach he says immediately energized him and clarified what this new chapter should look like.

Show More