Facebook CTO Mike Schroepfer  © Facebook

When will the consumer version of the much-anticipated Oculus Rift virtual reality headset ship? With competition looming from Sony PlayStation’s Project Morpheus and the Vive headset announced by Valve and HTC a month ago, Oculus’ early lead in VR suddenly looks like it could be under threat.

After launching two prototype headsets for developers and an “innovator edition” of its Samsung Gear mobile VR device, executives at Facebook-owned Oculus have been tight-lipped about when consumers will be able to buy the PC-based Rift.

But at the F8 developer event in San Francisco, one Facebook executive’s lips were a somewhat looser. Read more

Mark Zuckerberg said in September that Facebook’s new sharing tools for music, video and news would “transform” the media world, with the social network “rethinking the whole way the news industry works”.

A few weeks in, there are early hints he might be right. Music services such as Spotify and Deezer had shared 1.5bn “listens” as of last week, while Rdio has seen a 30-fold increase in new user registrations from Facebook.

But the transformation is not necessarily what Facebook’s founder or his new partners in the news industry might have expected. A surge of Facebook traffic to years-old stories may be forcing news sites to reassess the importance of, well, news. Read more

It’s been a busy week for Facebook. After releasing a new look to users earlier in the week, Mark Zuckerberg announced at f8 that there are many more changes to come.

From timelines to tickers, and taking in on-site music-listening and movie-watching, it seemed that everyone had something to say about the latest updates coming to the social networking site. Read more

Facebook has introduced a major redesign of its social feeds and users’ profiles at its annual  f8 event for developers in San Francisco.

In a keynote speech, Mark Zuckerberg, the social network’s founder,  also unveiled a big expansion of apps and categories on the service, including the introduction of music services where users can share what they are listening to with friends.  For thoughts and commentary on the main announcements as they happened, read our live blog of the event after the jump. Read more

Facebook’s privacy policy changes have been nudging people towards a more public persona for some time now. So it’s interesting that Facebook’s director of product engineering, Andrew “Boz” Bosworth, is focusing more on the personal and “real friends”. Read more