Facebook is, by far, the largest social media platform on Earth. Nearly 2 billion people use it — just over 25% of the planet's population.

But the company's vision for the future goes beyond baby photos and shareable headlines: The $2 billion acquisition of Oculus VR in 2014 was a strong indication of what's next for Facebook.

This is the Oculus Rift headset, camera (for tracking movement), gamepad and remote.Oculus
Indeed, Zuckerberg and company see virtual reality as an integral part of Facebook's future. And that future is off to a rocky start.

Weak sales of the company's first VR headset, the Oculus Rift, are just the beginning. Two months after Facebook purchased Oculus VR, Facebook was sued for $2 billion. The company that sued, Zenimax Media, claimed that a former employee-turned-Oculus CTO took trade secrets with him. Moreover, the suit claimed that those trade secrets were integral to the Oculus Rift headset.

A classic he said/she said litany of statements flowed from both companies, and a two-week jury trial concluded earlier this month. Zuck himself even appeared in court for questioning. The result? Facebook is paying Zenimax $500 million, but no one's to blame.



Afful Isaac

Afful Isaac

I love computers, I love the internet and I love everything I do on the Web. I am a passionate blogger who takes delight in writing about Tech stuff and sharing information that could help others. Feel free to leave a message using the comment box or send mail to affulisaac736@gmail.com for business discussion.

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