Virtual Reality Articles

Breakthrough in Teleportation

Yesterday, during a closed-door meeting in San Francisco, the CEO of one of the largest technology companies in the world revealed a shocking new innovation: He demonstrated a working version of a “Teleportation Station”... Then, stunned guests were allowed to try it out for themselves. As one attendee marveled, he…

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Tags: Facebook Oculus Oculus Rift Virtual Reality

$375 Million Crowdfunding "Scam"

In August 2012, a start-up called Oculus VR raised money on a crowdfunding site. To help get the company off the ground, thousands of people chipped in a total of $2.4 million. Last week – just 18 months after raising money from the crowd – Oculus was acquired by Facebook for $2 billion.…

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Tags: Kickstarter Oculus Virtual Reality