Oculus was a virtual reality company founded by Palmer Luckey. It was acquired by Facebook, now known as Meta, for $2 billion in cash and stock. Virtual reality has been a major initiative for Meta.

Cut through the jargon and it’s slowly becoming clearer why Facebook decided to acquire virtual reality gaming company Oculus VR for $2 billion. Shortly after the stock market closed today, the Menlo ...

Meta currently offers two VR headsets, the Quest 2 and the Quest Pro. In June, the company announced it will release the Quest 3. More details are expected at the Meta Connect conference in September.

Palmer Luckey, founder of Oculus and the creator of the popular Rift VR headset that kicked off the VR movement for PC gaming, has announced that he's working on a new head-mounted display (HMD) that ...