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Submitted by Farhat 174d ago | article

Can Oculus survive the Facebook effect?

MARC PERTON from Engadget writes "The response was swift, and almost universally negative. Within minutes of Facebook's announcement that it was acquiring Oculus VR for $2 billion, the internet had begun to mobilize against the deal. From Twitter to Reddit to our own forums, the message from early commenters was clear: This was bad for Oculus, bad for virtual reality, bad for gaming -- just bad.
Part of this was the normal reaction to any popular, independent startup being bought out by a big company. There's a natural -- sometimes justified -- suspicion that the acquirer will ruin everything that made the small company successful, and the onus is on the newly merged business to prove otherwise." (Dev, Facebook, Industry, Mobile, Oculus, Oculus Rift, PC, Tech)

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