Facebook has just spent $2bn on start-up Oculus VR, in a bet that virtual reality headsets will be the next big social platform after smartphones. The world’s largest social network thinks virtual reality will become part of everyone’s daily life, being used in everything from entertainment to education. This is Facebook’s second big deal of the year, as Mr Zuckerberg goes on an acquisition spree to help maintain its dominance. Join Hannah Kuchler and Tim Bradshaw for a live blog of the call where Mr Zuckerberg is expected to explain the sense behind the deal.
Ray-Bans via Instagram
Google has been working hard lately to dampen the constant, rumbling criticism of Glass. First, it issued guidelines on etiquette for its pioneering wearable gadget, warning early adopters: “Don’t be a glasshole.”
Then last week, it decided that the people buying its $1,500 headset weren’t glassholes after all, trying to dispel ten “myths” about the prototype product: Glass really isn’t a “distraction from the real world” or “the perfect surveillance device”, it insisted in a blogpost.
The ground suitably prepared, Google has now made a much more meaningful step towards mainstream acceptance: it is partnering with the maker of Ray-Ban and Oakley frames to make Glass fashionable. Read more
Square, the payments processing start-up, is looking for new users for its credit card device among the US’s growing Latino community.
The company, co-founded by Twitter’s Jack Dorsey, is today unveiling Spanish language support and software in hopes of tapping into the purchasing power of America’s more than 50m Latinos. Read more
Google has fired off a new salvo in its campaign to convince the world that Glass is cool rather than creepy.
A month after telling early adopters of the wearable technology how to avoid becoming a “Glasshole”, Google is now attempting to win over the public with a Buzzfeed-style list of “The Top 10 Google Glass Myths”. Read more
For its most promising new technology, IBM has been searching for problems to solve that are both deep and broad enough. Now, with a clinical trial in the US aimed at personalising the treatment of cancers, it might just have found one. Read more
Here are some figures to back up the mad race to monetise mobile by tech giants such as Google and Facebook. Read more
Facebook’s chief security officer said on Tuesday the social network has united with its Silicon Valley competitors to improve cyber security, after a recent report suggested the National Security Agency may have posed as the social network to infect target’s computers.
Joe Sullivan said that Facebook was working hard to “make sure the system is robust enough that everyone should be coming in the front door with legal process and not getting information any other way”. Read more