The social-media king buys virtual-reality headset developer Oculus VR for $2 billion. Here's how it all fits together.
The developer behind one of the most successful video games in the world nixed plans to work with Oculus after the virtual reality company was acquired by the social media giant.
The company might have gone after the virtual reality startup to stay ahead of competitors like Google.
Less than two years ago, the fledgling virtual reality company was soliciting $10 to $300 contributions on the crowdfunding site.
These companies have nothing to do with Facebook's virtual-reality acquisition. But don't tell investors that.
The social media company's CEO Mark Zuckerberg detailed long-term plans for Facebook when explaining the acquisition of Oculus VR for $2 billion.
When this money-losing stock goes public, steer clear. The offering won't even cover the red ink at the cloud-computing startup.
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