Oculus is closing in on the consumer release of its Rift virtual reality headset, accelerated by a huge hiring spree since its sale to Facebook in March.
It showed off its new ‘Crescent Bay’ prototype at the Oculus Connect developer conference in Los Angeles on Saturday. Read more
The news that Facebook manipulated its news feed to analyse the impact on users’ emotional expressions has angered many who believe they should have been told they were part of a psychology experiment.
The study of more than 689,000 Facebook users, conducted over a week in 2012, found those who were exposed to fewer positive stories in the feed were more likely to write negative posts and vice versa. People felt worried the billion plus social network was trying to manipulate their emotions, coming as it does after years of conflicts over privacy with the social network. Read more
Facebook has finally launched its latest answer to Snapchat, releasing Slingshot after Poke, its previous attempt at ephemeral messaging was withdrawn from the app store in May.
The world’s largest social network is trying to plug any hole in its dominance – it bought Instagram to shore up its place in photo-sharing, WhatsApp to expand its messaging and it attempted to buy Snapchat late last year.
When that project to buy the hottest new thing for teenagers failed, and its own usage amongst younger teens began to decline, it turned to its Creative Labs team to try to make its own at home. Read more
Facebook has unveiled a new feature which allows it to takeover a smartphone’s microphone to identify and track what songs a user is listening to and what TV programmes people are watching. Read more
In a handy coincidence of scheduling, Apple and Facebook will both report earnings after the market closes on Wednesday.
The two Silicon Valley giants will give Wall Street a fast look at the state of the mobile and online advertising markets, at a time when tech valuations are facing growing questions from investors like David Einhorn. Read more
The initial public offering of Weibo, China’s answer to Twitter, has provoked a combination of downbeat hand wringing and gleeful hand rubbing about the effect of the global tech sell-off on new companies coming to market.
So are investors fair in how they’re pricing Weibo? The company’s shares were priced at $17 each, the bottom of the range, putting the group’s valuation at $3.8bn after raising more than double the amount it had hoped for earlier in the year. Read more