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Facebook acquires Oculus VR for approximately $2 billion, plans to use the platform ‘for many other experiences’

Mar25
by on March 25, 2014 at 9:39 pm
Posted In: Around the Web, Insider, Social Media

Screen Shot 2014-03-19 at 15.45.40
Facebook today announced plans to acquire virtual reality technology firm Oculus VR for approximately $2 billion. The price includes $400 million in cash and 23.1 million shares of Facebook common stock (valued at $1.6 billion based on the average closing share price of $69.35). The reason for the “approximately” is not just because of the changing price of shares. The agreement, which is expected to close in the second quarter of 2014, also includes an additional $300 million earn-out in cash and stock based on the achievement of certain milestones, so the $2 billion price tag could indeed end up…

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a couple of laughzillas on a blue diamond background

Facebook acquires Oculus VR for approximately $2 billion, plans to use the platform ‘for many other experiences’

Mar25
by on March 25, 2014 at 9:39 pm
Posted In: Around the Web, Insider, Social Media

Screen Shot 2014-03-19 at 15.45.40
Facebook today announced plans to acquire virtual reality technology firm Oculus VR for approximately $2 billion. The price includes $400 million in cash and 23.1 million shares of Facebook common stock (valued at $1.6 billion based on the average closing share price of $69.35). The reason for the “approximately” is not just because of the changing price of shares. The agreement, which is expected to close in the second quarter of 2014, also includes an additional $300 million earn-out in cash and stock based on the achievement of certain milestones, so the $2 billion price tag could indeed end up…

This story continues at The Next Web

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a couple of laughzillas on a blue diamond background

Facebook unveils ThreatData framework to help investigate, analyze and combat Internet threats

Mar25
by on March 25, 2014 at 9:08 pm
Posted In: Around the Web

SWEDEN-FACEBOOK-DATA-CENTER-SERVERS
Keeping up with hackers and other threats on the Web is a never-ending challenge, in particular for large businesses such as Facebook. To that end, Mark Zuckerberg’s company today unveiled a security-focused framework called ThreatData, which aims to simplify and standardize its work in this area. The new approach enables Facebook to configure feeds from select datasets that it believes are important to capture. The information can be in any format and once collected, it’s fed into a schema coined a ThreatDatum. “The datum is capable of storing not only the basics of the threat but also the context in which…

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a couple of laughzillas on a blue diamond background

Facebook unveils ThreatData framework to help investigate, analyze and combat Internet threats

Mar25
by on March 25, 2014 at 9:08 pm
Posted In: Around the Web

SWEDEN-FACEBOOK-DATA-CENTER-SERVERS
Keeping up with hackers and other threats on the Web is a never-ending challenge, in particular for large businesses such as Facebook. To that end, Mark Zuckerberg’s company today unveiled a security-focused framework called ThreatData, which aims to simplify and standardize its work in this area. The new approach enables Facebook to configure feeds from select datasets that it believes are important to capture. The information can be in any format and once collected, it’s fed into a schema coined a ThreatDatum. “The datum is capable of storing not only the basics of the threat but also the context in which…

This story continues at The Next Web

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Explore the sunken USS Mohawk with these stunning underwater Street View photos

Mar25
by on March 25, 2014 at 8:22 pm
Posted In: Around the Web, Google, Images

Screen Shot 2014-03-25 at 20.02.23
Unless you’re a professional scuba diver, chances are you’ve never explored an underwater shipwreck first-hand. Fear not though, as Google Street View has been updated with some sublime photos from the sunken USS Mohawk. The panoramic, 360-degree images were submitted by Trident Global Imaging, who last year set out to create a virtual tour of the 165-foot vessel. The World War II Coast Guard cutter was launched in 1934, but was then purposefully sunk in 2012 to create an artificial veteran’s memorial reef. The photos offer incredible clarity and allow you to move around the bridge, crow’s nest, port and…

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