Facebook To Buy Virtual Reality Company For $2 Billion

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Attendees wear Oculus Rift HD virtual reality head-mounted displays as they play EVE: Valkyrie, a multiplayer virtual reality dogfighting shooter game, at the Intel booth at the 2014 International CES, January 9, 2014 in Las Vegas, Nevada. Facebook has announced it will buy Oculus VR for $2 billion. (Robyn Beck/AFP/Getty Images)

On Tuesday, Facebook announced it is buying Oculus VR, a tech company that makes virtual reality headsets, for $2 billion.

Facebook and its chief executive, Mark Zuckerberg, expect virtual technology will be the next big computing platform, and will turn social networking into an interactive, 3-D experience.

The acquisition is not the only large purchase Facebook has made recently. Last month the social network announced it would pay $19 billion for the messaging startup WhatsApp.

NPR’s technology correspondent Steve Henn joins Here & Now’s Jeremy Hobson to discuss this acquisition and how it might affect the future of social networking.


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