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March 25, 2014, 11:50 PM

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Facebook:
Facebook to acquire Oculus VR for approximately $2 billion  —  Facebook to Acquire Oculus  —  Acquisition positions Facebook to accelerate Oculus' growth in gaming, communications and new social experiences  —  Facebook today announced that it has reached a definitive agreement to acquire Oculus VR …
Mark Zuckerberg / Facebook:
Oculus will operate independently within Facebook, focusing first on gaming, and later becoming a new communication platform  —  I'm excited to announce that we've agreed to acquire Oculus VR, the leader in virtual reality technology.  —  Our mission is to make the world more open and connected.
Markus Persson / notch.net:
Mojang's talks with Oculus to bring Minecraft to its VR canceled, Notch doesn't trust Facebook  —  Virtual Reality is going to change the world  —  It's amazing.  You strap on some gear, and then you're inside whatever world you want.  It showed up in books, it showed up in movies, and everyone dreamed about it.
Kim-Mai Cutler / TechCrunch:
Facebook's $2B Oculus Deal Happened Over The Last Five Days  —  Facebook's deal to buy Oculus VR for $2 billion happened relatively quickly and the negotiations were hammered out over the last five days during the industry's Game Developer Conference in San Francisco, according to sources familiar with the deal.
Sean Hollister / The Verge:
Interview: Oculus founder says Facebook deal will make virtual reality cheaper and better  —  One year ago, Oculus founder Palmer Luckey told me that his virtual reality headset company had no intention to sell.  He said that the team had agreed, for the time being, to stay independent …
More: Ubergizmo
David Pierce / The Verge:
HTC One (M8) review: a gorgeous, fast, long-lasting phone with a weak, inconsistent camera  —  The new HTC One review  —  The best or nothing  —  My first car was a 1997 Saturn SL1, a tiny black box with headlights that were too close together and a 0-60 time in the neighborhood of three and a half hours.
Terrence O'Brien / Engadget:
Rob Wile / Business Insider:
The IRS Just Decided Bitcoin Is Property And Will Tax You For Mining It At Home  —  The IRS has ruled Bitcoin should be treated as property, not as currency, for tax purposes.  —  The agency says anyone who holds the currency will have to calculate its value from the date it was received …
Frederic Lardinois / TechCrunch:
Google Announces Massive Price Drops For Its Cloud Computing Services And Storage, Introduces Sustained-Use Discounts  —  At its Cloud Platform event in San Francisco today, Google announced a number of massive price drops for virtually all of its cloud-computing services.
Matt Jarzemsky / Wall Street Journal:
‘Candy Crush’ Maker Prices IPO at $22.50  —  Unlike Facebook and Twitter, Videogame Maker Hasn't Raised IPO Size  —  With the shares of videogame maker King Digital Entertainment PLC set to begin trading Wednesday, the central question facing investors is whether the company can pull off another blockbuster like “Candy Crush Saga.”
David Yanofsky / Quartz:
The Million Dollar Homepage still exists, but 22% of it has rotted away  —  Pixels closer to the top and left sold first milliondollarhomepage.com  —  Before Kickstarter and Indiegogo made crowdfunding projects simple for everyone, Alex Tew financed his college education by selling 10-by-10 pixel chunks of a webpage for $100 each.
Evelyn M. Rusli / Wall Street Journal:
Big-Data Startup RelateIQ Raises Another $40 Million  —  Big data continues wooing big money.  —  RelateIQ Inc., a relationship management software startup, has raised $40 million in fresh capital at a valuation of $245 million.  The round, led by Redpoint Ventures also includes several new investors …
Dean Takahashi / VentureBeat:
Nvidia unveils next-generation graphics processor with 3D memory  —  Above: Nvidia CEO Jen-Hsun Huang with a Pascal chip  —  Nvidia chief executive Jen-Hsun Huang unveiled his company's latest graphics-processor architecture, code-named Pascal, that will put a “supercomputer in the space of two credit cards.”

Sponsor Posts

Microsoft:
Changing the world, 1 billion sensors at a time  —  What would you do if you had a billion sensors?  Design students around the world tackled that question at Design Expo.  Take a look at some of the fascinating projects …
Freshdesk:
How to not sound like a robot in your email notifications?  —  Your notifications don't have to be just notifications.  They can be another opportunity to charm your customers and to keep them hooked.  Learn how.
VMware:
Why Your Organization Needs a Cloud-Based Disaster Recovery Plan  —  Businesses know they need to back up their data, their workloads and their applications in the event that disaster strikes.
Zoho:
The customer service lessons we must all learn from that Comcast call  —  By now, you've probably heard the call that hijacked the Internet last week.  If not, let me warn you.  It is painful - incredibly painful.
Pure Storage:
2014: Pure, EMC, HP, and Violin all Up Their Games  —  The past few months have seen bold announcements from EMC, HP, Violin, and of course Pure Storage, the net result of which is that the market has changed and moved forward appreciably.
 

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