Facebook buys Oculus VR for $2bn

This is interesting news.  Mark Zuckerberg has bought Oculus Virtual Reality, so that he can open up new worlds to billions of people around the world.

Here’s the statement he wrote on his Facebook about 10pm GMT last night.

Interesting thought – would Zuckerberg have successfully obtained Oculus if he had be successful in buying Snapchat for $3bn, or would that have put the company off?

He reportedly paid $400m in cash, and then gave 23.1m Facebook shares.



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