The concept of a bug bounty program is nothing new, and even Facebook will line your pockets with cash if you discover a qualifying security vulnerability in the social network or select acquisitions it's made. Until now, however Oculus Rift was exempt. Facebook has now extended its bug bounty program to Oculus Rift, which joins other Facebook acquisitions such as Instagram, Parse, Onavo, and Moves.
Samsung has been working on its own VR headset that is being developed in collaboration with Oculus VR. According to SamMobile, Samsung’s VR device is called the Gear VR and it will be announced at IFA 2014.
Oculus Rift will virtualize the ticket blaster experience
If you've ever been to a Chuck E. Cheese birthday party before, then you're familiar with the Ticket Blaster -- a phone booth sized contraption filled with single tickets, plus a special 1,000 ticket piece of paper. The kid celebrating his or her birthday gets to slip inside and try to grab as many tickets as possible as a vortex of wind swirls them around. Kids love it, but at select locations, Chuck E. Cheese will create a virtual Ticket Blaster experience using the Oculus Rift.
“Facebook gives us the resources we need to develop a lot of custom hardware.”
Maximum PC’s Jimmy Thang caught up with Oculus VR founder Palmer Luckey to talk about the Oculus Rift at this year’s PAX East. A very tired Luckey talked about the potential for virtual reality technology to replace TVs and monitors and even the acquisition by Facebook.
Facebook has announced that an agreement has been reached with Oculus VR, Inc to purchase the virtual reality developer for $2 billion. Of the $2 billion being paid, $400 million of it will be in cash and the remainder will amount to 23.1 million shares of Facebook common stock valued at $69.35 per share.
The Oculus VR development team has announced at GDC the Rift Development Kit 2. The upgraded device implements features from the Crystal Cove prototype, which was unveiled at CES this year, such as the low persistence OLED display rather than the original’s LED display.
It was thought that Valve was building its own VR headset and even rumored that its current product is way better than the Oculus Rift. Turns out that's not the case. During the second day of Valve's Steam Dev Days conference, the publisher announced that it is "working together with Oculus to drive PC VR forward," adding that the two companies have collaborated on tracking.
Demoing the newest Oculus Rift prototype with positional tracking
Excitement continues to build over Oculus Rift, the virtual reality headset that raised a whopping $2.4 million on Kickstarter. Jimmy had an opportunity to try out the latest prototype, which trades the LED screen for OLED and has an external camera to support positional tracking. In other words, Oculus Rift now looks better and also knows when you're leaning in for a closer look at an object.
Just when you thought virtual reality might be dead, here came the Oculus Rift, a VR headset that raised nearly $2.5 million on Kickstarter. The Oculus Rift has sparked excitement among gamers and developers alike, prompting other device makers to jump on board the little bandwagon that could (virtual reality). At the Consumer Electronics Show (CES) in Las Vegas, ace reporter and Maximum PC Online Managing Editor Jimmy Thang spent a few minutes viewing a demo of the PrioVR suit, a motion control system that doesn't use any cameras.
Steam Dev Days is a recently announced, two-day developer only conference where devs can meet “in a relaxed, off the record environment.” At the January 2014 conference, Valve will give attendees the opportunity to go hands-on with Steam OS, prototype Steam Machines, and Steam Controllers. They’ll also have the opportunity to get a first look at Valve’s prototype VR hardware.