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Oculus debuts consumer version of VR headset, partners with Xbox

June 11, 2015 creative california, francisco, gonzalez-rogers, internet, national, oculus, oculus-chief, oculus-rift, san, speaks-during, start-shipping, thursday, unveiling, warsaw

By Yasmeen Abutaleb SAN FRANCISCO (Reuters) – Oculus, the virtual reality company owned by Facebook Inc, debuted the much anticipated consumer version of its headset on Thursday and announced a partnership with Microsoft Corp's Xbox One gaming console. A prototype of the Oculus Rift has been available to developers since 2013, but Thursday marked the first time anyone had seen the consumer version, which will be available for pre-order later this year and will start shipping in early 2016

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Facebook’s Oculus forms in-house virtual-reality film studio

January 26, 2015 publisher festival, in-house-studio, international, oculus, park, story-studio, sundance-film, the-animation

By Piya Sinha-Roy PARK CITY, Utah (Reuters) – Facebook Inc's Oculus VR is getting into movies with an in-house studio dedicated to making virtual-reality films and will show its first short movie at the Sundance Film Festival on Monday, the company said. Tapping talent from both Pixar, the animation studio behind computer graphics imagery (CGI) films including “Toy Story” and “Monsters Inc,” and the video gaming world, Oculus' Story Studio will develop film content for virtual reality and advise other filmmakers seeking to try the technology

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IBM dismisses Forbes report of massive layoffs

January 26, 2015 publisher cebit, computer-fair, festival, international, oculus, pictured-behind, robert-cringely, silicon-valley, story-studio, Technology, the-animation, told-investors

(Reuters) – IBM dismissed on Monday a Forbes magazine report claiming the technology firm is preparing to cut about 26 percent of its workforce. A report last Thursday on Forbes' website by pseudonymous Silicon Valley technology gossip columnist Robert Cringely said IBM planned to lay off 26 percent of its global workforce, or as many as 112,000 employees. This equates to several thousand people, a small fraction of what's been reported.” Last week, Chief Financial Officer Martin Schroeter told investors on IBM's fourth-quarter earnings conference call that the company was taking restructuring charges of around $580 million, but he did not specify the number of jobs affected

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Exclusive: Facebook hiring spree hints at ambitions in virtual reality and beyond

January 18, 2015 creative among-the-key, northeastern, obama, oculus, product, ranks-as-much, san, some-analysts, speaks-during, the-leadership, university, virtual, virtual-reality

By Alexei Oreskovic and Bill Rigby SAN FRANCISCO/SEATTLE (Reuters) – Virtual reality goggles, drones and data centers are all driving a hiring spree at Facebook Inc that is set to swell its ranks as much as 14 percent in the near term, according to a review of job listings on the company's website. Oculus Rift, the maker of virtual reality headsets that Facebook acquired in a $2 billion deal last year, is among the key areas slated for growth, with 54 jobs listed on its website, according to a review by Reuters of listings. Among the roles that Facebook needs to fill for the Oculus business are managers to oversee logistics, procurement and global supply chain planning – a sign, some analysts say, that the product is nearing its commercial release