Facebook’s Oculus Buy Signals A Hardware Land Grab, And Company Fit Isn’t A Concern

There’s a gold rush on, and the people striking it rich are the ones building things — not apps, not software, but honest-to-goodness hardware, like the Oculus Rift, whose creator, Oculus VR, was just purchased by Facebook for around $2 billion in cash and stock. Earlier today, Intel closed its purchase of wearable health tech maker BASIS, and Google recently bought Nest for $3.2 billion. Google… Read More