Facebook Acquires Oculus VR For $2 Billion

Written by Gradly on . Posted in Acquisition, blog, Facebook, Games

Facebook to Acquire Oculus

Facebook Acquires Oculus VR For $2 Billion

After acquiring Instagram and Whatsapp, Facebook today announced that it has reached a definitive agreement to acquire Oculus VR, the leader in immersive virtual reality technology, for a total of approximately $2 billion. This includes $400 million in cash and 23.1 million shares of Facebook common stock (valued at $1.6 billion based on the average closing price of the 20 trading days preceding March 21, 2014 of $69.35 per share). The agreement also provides for an additional $300 million earn-out in cash and stock based on the achievement of certain milestones.

Instagram Feeds Now Available on The Web

Written by Gradly on . Posted in blog, Facebook, News

Instagram Feeds Now Available on The Web

Instagram Feeds Now Available on The Web

Since its inception in 2010, Instagram has almost remained an entirely mobile-only experience. That changed when the service was acquired by Facebook and they brought the profile page. Now, the company announced the ability to view the service feed on the web; by logging to your profile you will be able to view the latest photos posted by the people you follow as well as you can like (and double click to like) and comment on them.

“In fact, our focus on building out a mobile-only experience is a unique path that we’ve chosen for many reasons, the most important of which is that Instagram, at its core, is about seeing and taking photos on-the-go. However, to make Instagram even more accessible to our growing community, at the end of last year we started to expand to the desktop web, giving you the ability to see profiles from instagram.com. To continue that path, as of today, you can now browse your Instagram feed on the web – just like you do on your mobile device”

Introducing ‘Graph Search’: A New Search Engine By Facebook

Written by Gradly on . Posted in blog, Facebook, News

Facebook Unveils Graph Search

Facebook Unveils Graph Search

In a press conference at its California headquarters, Facebook has unveiled “Graph Search,” a search engine allowing users to search for content on Facebook such as news posts, status updates, photos, locations and more. The service does make sense for the network massive base of 1 billion users, 240 billion photos, and 1 trillion connections. Graph Search is currently in closed beta.

“Graph Search will appear as a bigger search bar at the top of each page, when you search for something, that search not only determines the set of results you get, but also serves as a title for the page. You can edit the title – and in doing so create your own custom view of the content you and your friends have shared on Facebook.”

“Graph Search and web search are very different. Web search is designed to take a set of keywords (for example: ‘hip hop’) and provide the best possible results that match those keywords. With Graph Search you combine phrases (for example: ‘my friends in New York who like Jay-Z’) to get that set of people, places, photos or other content that’s been shared on Facebook. We believe they have very different uses.”

Users can sign up for the Graph Search beta on Facebook’s website.

WWDC 2012 Keynote Video Now Available Online

Written by Gradly on . Posted in 3D, Apple, blog, Cloud, Facebook, Gadgets, News, OS X, Software, Twitter

WWDC 2012 Keynote Video Now Available Online

WWDC 2012 Keynote Video Now Available Online

As Today’s Apple WWDC event went off, Apple has made a public stream of the entire event available for those who missed it live.

As expected and highly rumored, Apple introduced a new line up of the next generation MacBook Pro, packed with a new Retina Display at 220 PPI, Apple has surprised everybody by delivering an incredibly thin device while also bringing in cutting-edge hardware.

Apple has also Unveiled the latest release of OS X Mountain Lion which comes next month, introducing new features such as a deep integration with Facebook that becomes the second social network after twitter to get a system-wide integration.

Apple has also unveiled the next iteration of their popular mobile system iOS 6, in which they introduced over 200 new features. A new in-house made 3D Maps that been built from the ground-up and the sky-down, complete with a turn-by-turn navigation and directly integrated with Siri. a 3D special feature for some locations called flyover in which you can virtually visit some landmarks as if you are looking from an airplane. Siri has got a bunch of cool improvements including the ability to open apps, tweet into twitter directly and supports for a wide range of new languages.

iOS 6 also bring some improvments to the lock screen and bring a new native app from Apple called Passbook in which you keep a repository of all kind of your passes.
Watch WWDC ‘12 keynote here

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