Facebook buying virtual reality firm Oculus for $2 billion

"Mobile is the platform of today, and now we're also getting ready for the platforms of
tomorrow," said Facebook CEO Mark Zuckerberg, in a statement. "Oculus has the chance to
create the most social platform ever, and change the way we work, play and communicate."


The Oculus deal comes about a month after Zuckerberg said the company was done with
acquisitions for some time.


http://www.cnbc.com/id/101515486

 

From here: http://time.com/37842/facebook-oculus-rift/

Exactly what we needed...

 

I hate to repeat myself, but Zuckerberg is an idiot.

You can´t justify a buying price of 2 billion for such a company.

 

I recall the last time you called him an idiot for a purchase. This time, you're right. This device, should it ever actually be purchasable, is not meant for what he's already thinking. It isn't Google Glass. I don't know what precisely he is seeing in his head when he thinks of Facebook+Oculus, but he's wrong. Besides, can a company not exist and do its own thing for a while before Google, Facebook and Yahoo come running to the door with a truck of money? It's no damn wonder there's very little innovation anymore. Someone comes up with a new idea that could work beautifully long term, but some high-profile shop-a-holic tech giant immediately shows up wanting to make the quickest, short term buck they can off of it.

 

He doesnt knows what to do with the money i guess.

 

~ Will Facebook ruin Oculus? Kickstarter backers voice concerns ~

http://www.theverge.com/2014/3/26/5...uin-oculus-kickstarter-backers-voice-concerns

 

Interesting article.

 

I'm sorry but I have to disagree. This is a smart purchase. You guys are only looking at it from the short-term perspective. The value lies in what it offers in the future. 2 billion is trivial compared to the Whatsapp story. You guys are underestimating Mark. He clearly is looking at expansion. Look at Google...what it started as and what it is now.

 

Yeah... That is EXACTLY what worries me about this purchase.

 

LOL. From a privacy perspective, yes. From a I've-1-more-company-to-hate-till-death-do-us-apart perspective, rejoice.

 

http://www.theguardian.com/technolo...k-buys-uk-maker-solar-powered-drones-internet

 

Thanks for the support. I just can´t take this guy seriously anymore. I mean, is he running a serious business or what?

Yes exactly, Facebook is loaded with so much cash, that he doesn´t even seem to care about realistic pricing anymore. And what about shareholders?

Yes I agree, isn´t it possible to make some kind of law that prevents this?
Also, they sometimes takeover companies not even because of their product (they will actually kill it), but because of their employees, it´s just ridiculous.