Posted Mar. 26, 2014 at 6:48 a.m.

Premium Lock Facebook buying virtual-reality company Oculus for $2B

Published: 2014-03-26 06:48:59
Updated: 2014-03-26 06:48:59

Facebook buys Oculus  In this Jan. 7, 2014 file photo, show attendees play a video game wearing Oculus Rift virtual reality headsets at the Intel booth at the International Consumer Electronics Show(CES), in Las Vegas. Facebook said Tuesday, March 25, 2014, it has agreed to buy Oculus for $2 billion, betting that its virtual reality may be a new way for people to communicate, learn or be entertained. (AP Photo/Jae C. Hong, File)

Facebook is buying virtual reality company Oculus, betting $2 billion that its technology will become a new way for people to communicate, learn or be entertained. "This is a long-term bet on the future of computing," says Facebook Chief Executive Mark Zuckerberg...

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