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Facebook has acquired Oculus VR for 2 Billion US Dollars

Did this image get posted in the thread yet? Mildly entertaining:

xbmzqYp.gif

More than mildy
 

Cyrano

Member
You're not a researcher. You're having a conversation on an internet community. This applies to conversations in person as well. What forms do we have to fill out to speak with you about what you'd like for dinner?
I actually am a researcher, though that's beside the point.

You are right, we are having a conversation on a internet message board, but this also isn't a conversation about what's for dinner.

We're talking about a company's reputation, and a reputation is largely staked on a company's history. Without knowing some of Facebook's history, it's hard to have a discussion about it.
 

Stet

Banned
I actually am a researcher, though that's beside the point.

You are right, we are having a conversation on a internet message board, but this also isn't a conversation about what's for dinner.

We're talking about a company's reputation, and a reputation is largely staked on a company's history. Without knowing some of Facebook's history, it's hard to have a discussion about it.

But you refuse to educate people on what you know, or even prove you've watched the documentary. It's silly.
 
D

Deleted member 22576

Unconfirmed Member
A researcher who can't synthesize a documentary into a message board post...
 
sounds damn good.

Whatever Facebook is working on seems to be the big mystery. for me it seems clear this was something they've had in mind for awhile and just seen the OR as a great way to have a say in how fast VR gets adopted into the mainstream. The important thing seems to be they want it out there. Nothing leads me to believe they will close off the platform because they know how everything including gaming will help sell this thing.
 

SaberEdge

Member
Many people know Facebook and don't like what they do. I have no problems with people supporting them, why do people have problems with those who do not want to support them?

Because the hate-mongering position is, in my view, based on irrational bias and is reflective of a sort of mentality in our society that I strongly disagree with. To give an analogy, it would be like a racist slaver saying "I have no problems with people not practicing slavery, why do people have problems with those who do practice slavery?' I don't agree with that sort of moral relativism.

Besides, I don't think you have shown yourself to be any more accepting of people that will do business with them than the other way around. You're arguing your point of view the same way everybody else is. You are certainly entitled to your opinion, but others are also entitled to think your opinion is nonsensical or unwarranted, and vice versa.
 

KoopaTheCasual

Junior Member
But you refuse to educate people on what you know, or even prove you've watched the documentary. It's silly.
To be fair, it's not like him and the guy, who refused to watch the link were carrying out a civil discussion beforehand. Cyrano provided someone with a link (who thanked him for the link) and the other guy came in with a drive by insult, demanding that it be summarized. Idk about you, but I wouldn't feel inclined to bend over for that.
 

Cyrano

Member
But you refuse to educate people on what you know, or even prove you've watched the documentary. It's silly.
How am I refusing to do this by offering up a documentary that synthesizes these arguments? Is it necessary to retread old arguments?

You could just as easily provide research that runs counter to my argument proving that Facebook is a reputable company by providing material yourself. There surely must be articles out there that prove Facebook is reputable if you disagree with my premise that they aren't.
 

Phades

Member
Not for anybody on PC, who appreciates the PC centric business and design of Oculus, unless Sony decide to go in that direction.

If Morpheus is going to be a typical Sony product, it will be a hardware restricted peripheral locked to particularly services. This is hardly an improvement. The only difference is it's Sony, not Facebook.

No chance of a mad catz morpheus device? ^_^;

I already know the answer to this.... QQ

Reactions to this really remind me of reactions to the news that Microsoft was developing a gaming console.

Nah, it would be like reading an announcement that Microsoft buys Nintendo.
 
Depressing as fuck to hear about this. It takes a remarkable level of delusion to not think Facebook won't completely fuck everything the OR was supposed to be about. What potential avenues for the revitalization of this stupid industry can we look forward now?
 

Mindlog

Member
Sony would just need to supply the appropriate driver and api support to PC developers and sell the Morpheus to PC gamers if Oculus vacated the PC gaming space.
What would be in it for them? They've stated they plan on releasing at or below cost. There's no backend on that investment for PC. They could make money on DS4 sales by pushing out a properly dongled/drivered DS4 for PC, but they don't do that either.

NV has Light Field. Wonder if they plan on going anywhere with it.
 
Okay, I'm 30 minutes into the documentary that everyone is talking about yet hasn't seemed to watch and I'm not quite getting it. If this is supposed to shock and awe me and ruin Facebook's reputation, I must be watching the wrong doc.

What I'm getting out of this is that the advertisement industry has managed to remain ubiquitous through its integration with social media. Facebook; Twitter; Google/YouTube; etc are all "guilty" of this collaboration.

Should I keep watching or did I miss something? I'll admit my attention isn't 100% since I'm watching at work.
 

Stet

Banned
Okay, I'm 30 minutes into the documentary that everyone is talking about yet hasn't seemed to watch and I'm not quite getting it. If this is supposed to shock and awe me and ruin Facebook's reputation, I must be watching the wrong doc.

What I'm getting out of this is that the advertisement industry has managed to remain ubiquitous through its integration with social media. Facebook; Twitter; Google/YouTube; etc are all "guilty" of this collaboration.

Should I keep watching or did I miss something? I'll admit my attention isn't 100% since I'm watching at work.

lol is that it? If so then I'm more than qualified to talk to Cyrano about it since I've been in Facebook ad pitches many, many times.
 

Cyrano

Member
Okay, I'm 30 minutes into the documentary that everyone is talking about yet hasn't seemed to watch and I'm not quite getting it. If this is supposed to shock and awe me and ruin Facebook's reputation, I must be watching the wrong doc.

What I'm getting out of this is that the advertisement industry has managed to remain ubiquitous through its integration with social media. Facebook; Twitter; Google/YouTube; etc are all "guilty" of this collaboration.

Should I keep watching or did I miss something? I'll admit my attention isn't 100% since I'm watching at work.
It's definitely about this, but it's also about the rather unrepentant exploitation of personal information. I would say that getting children to also effectively do work for you is rather questionable as well.
 

TAS

Member
So they paid 19 billion for WhatsApp and a measly 2 billion for Oculus?
LoL if this is true :(
 
What? Of course investors set conditions on the money they're handing over. The CEO was very explicit in stating this deal was good in part because it made it so they weren't beholden to those investors any longer. Instead of a large number of entities throwing money and conditions it's just one business who has already explained they intend to let them operate semi-autonomously.
It's good for the CEO, since he doesn't need to keep herding cats.

I'm very, very skeptical about the level of autonomy. Short term? Sure. A year from now? Doubt it.

Nah, most of the leg work has already been done. They could reverse engineer the Oculus and bring out a competing hardware product in a year. It is the supporting software ecosystem that takes time.
I don't think reverse engineering will be all that simple.
 

Bold One

Member
I wonder if he is contractually obligated to stay at Oculus though. Couldn't he just jump ship if things get bad and take his knowledge and clout and start a competing VR product?

depends whats on the contract, if he does leave I doubt he would be allowed to go work for another VR company
 

KHarvey16

Member
Bias? That is my first post in the thread, pointing out that a corporation may not be telling the truth.

Biases. Not just you but many others. You had a choice between trusting an anonymous source, a sourced response from a company spokesperson or even not believing either one. You picked the anonymous source. Why?
 
Biases. Not just you but many others. You had a choice between trusting an anonymous source, a sourced response from a company spokesperson or even not believing either one. You picked the anonymous source. Why?
If I have to choose, I'll take the anonymous source every time in that scenario.

PR and doubletalk are joined at the hip. Doesn't matter what company we're talking about.
 

Sinecat

Neo Member
Because the hate-mongering position is, in my view, based on irrational bias and is reflective of a sort of mentality in our society that I strongly disagree with. To give an analogy, it would be like a racist slaver saying "I have no problems with people not practicing slavery, why do people have problems with those who do practice slavery?' I don't agree with that sort of moral relativism.

Besides, I don't think you have shown yourself to be any more accepting of people that will do business with them than the other way around. You're arguing your point of view the same way everybody else is. You are certainly entitled to your opinion, but others are also entitled to think your opinion is nonsensical or unwarranted, and vice versa.

The only difference is I'm not insulting you and saying you are nonsensical and irrational. I respect your opinion and respect that you will not change your opinion. I do not think you are stupid. I do not want to generalize you because I know you are an individual.
In any case we are all making predictions, positive or negative, they are all possible.

PS I dont really get your analogy, at first glance it's terrible, sorry if I misunderstood.

That's illogical.

Really? How is that illogical? Believing company word is never that smart, of course they would only say whatever makes the company look good. People tend to, and should IMO, listen to company actions.
 

Bsigg12

Member
So they paid 19 billion for WhatsApp and a measly 2 billion for Oculus?
LoL if this is true :(

WhatsApp has 430 million users. OculusVR has 60k+ dev kits.

The ad revenue potential per user for WhatsApp is tremendous, so much so that some people say the WhatsApp purchase could potentially be seen as a bargain.
 

orioto

Good Art™
Yup and anonymous sources are the definition of reliability.

The biases on display are so incredibly blatant.

Yeah that's scary how much the brand racism was blatant since the announcement.

I mean; i do'nt give a shit about facebook, but all those people basically saying "i'd buy this thing, but never if it has facebook written on it" is so weird.. it's like it's a war or something..

Let' wait for the first worrying act to complain.
 

syko de4d

Member
So they paid 19 billion for WhatsApp and a measly 2 billion for Oculus?
LoL if this is true :(

People who doesnt understand WhatsApp deal must live in USA, or? Because in Europe everyone with a smartphone uses it. E.g. in germany it has over 30million active users, way more than facebook itself.
 

Archaix

Drunky McMurder
People who doesnt understand WhatsApp deal must live in USA, or? Because in Europe everyone with a smartphone uses it. E.g. in germany it has over 30million active users, way more than facebook itself.


Might be. I'm from the US and literally the first time I ever heard of WhatsApp was when Facebook bought the company.
 

jelly

Member
So they paid 19 billion for WhatsApp and a measly 2 billion for Oculus?
LoL if this is true :(

400 million users that nobody else gets and if you think of advertising, not too hard to make $40 plus per user in the future.
 

Cyrano

Member
WhatsApp has 430 million users. OculusVR has 60k+ dev kits.
Yep. Whatsapp was a proven technology by the time of its buyout, but even at the investor call discussing the buyout of Oculus Rift, it was clear that the actual market appeal of VR is unknown and that's definitely a sticking point for some investors. Probably why Facebook faced a small downturn in their stock.
 

mrklaw

MrArseFace
I'm not worried about their long term plans, personally. The CV1 will primarily be a gaming peripheral. Facebook may bundle it with social software, but it's still going to be something you can just strap on and load up the latest VR game that you bought from Steam, or wherever.

I'm confident of that, whatever happens down the line.

Having spent a long time experimenting with my Rift DK, some of the best experiences I have had are what you might brand as casual experiences. Exploring an underwater reef. Watching a film in a virtual cinema on a massive screen. These applications have always been part of the plan. Facebook will offer such things, and those things will likely be sold through a VR interface that comes with the Rift.

But you don't bring VR to the masses by walling everything off and drastically limiting support. They know that the first big steps are going to come from independent developers who are financially more suited to taking big risks. They need to foster an audience first, before they can leverage it. Again, just as we saw Microsoft do with the Xbox 360.

And then, just as Microsoft did, they might alienate a lot of that core audience. But it won't really matter.


This. If you want VR to be the next major platform in order to build a new social platform on it - first you need it to be a huge success. And that'll most definitely be games initially due to early adopters plus the requirement for hardware performance. So even if Facebook have some nefarious plans for VR (and I doubt they do, they are just investing in it) - they'd need to deliver what you want first anyway. So why worry about it? If the comments from Zuckerberg about selling at cost are correct, you could end up with a great gaming headset for less than you expected. Who cares where it goes in the future? Let that evolve naturally
 

Rubius

Member
Might be. I'm from the US and literally the first time I ever heard of WhatsApp was when Facebook bought the company.

Most of the rest of the world use What's app. South America, Europe and all that. They bought the userbase. It's a chatting service more than anything else. But being able to get millions of people who never use Facebook is pretty big.
 

Bsigg12

Member
Yep. Whatsapp was a proven technology by the time of its buyout, but even at the investor call discussing the buyout of Oculus Rift, it was clear that the actual market appeal of VR is unknown and that's definitely a sticking point for some investors. Probably why Facebook faced a small downturn in their stock.

Exactly. The stock dropped because there isn't a clear cut path to making money on the investment right away. This is something that is going to take time and Facebook and Oculus want to be at the forefront of VR technology.

Instagram and WhatsApp both had established user bases which is why they cost what they did. Oculus VR has an idea and potential. There's no userbase to value since all that is available is Dev kits which only the most enthusiast purchase. They're gambling on Oculus being able to deliver on the idea of great VR and growing a user base rather than buying an existing one.
 

FiggyCal

Banned
People who doesnt understand WhatsApp deal must live in USA, or? Because in Europe everyone with a smartphone uses it. E.g. in germany it has over 30million active users, way more than facebook itself.

It has 430 million users; of course it has users in the US. It was a big deal here also.
 
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