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Virtual Reality

Facebook Slashes Oculus Price For Second Time As World Refuses To Adopt Virtual Reality

In the aftermath of the collapse of the "wearables" craze, Virtual Reality was supposed to be next big thing.

Back in 2014, when Facebook paid $3 billion to acquire Oculus, CEO Mark Zuckerberg said at the time that the medium, which offers a 360-degree panoramic view through headsets, would "become a part of daily life for billions of people."