Techmeme
March 25, 2014, 11:00 PM

Top News

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.
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 …
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.”
Roger Cheng / CNET:
Sony won't use Android Wear, will stick with Smartwatch  —  The head of Sony Mobile's US arm also tells CNET that sales of its Xperia Z1s has exceeded expectations at T-Mobile.  —  Sony's SmartWatch 2.  —  Sarah Tew/CNET  —  ATLANTA—Sony will continue to strike its own path when it comes to its wearable products.
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:
Teachers use Bing home page lesson plans to encourage critical thinking skills  —  Find out how free lesson plans based on images like this Siberian tiger from Bing's home page encourage students to explore subjects in creative and thought-provoking ways.
Intel:
Disrupting the Data Center to Create the Digital Services Economy  —  I had the pleasure of joining Tom Krazit on stage at the Gigaom Structure'14 conference to share Intel's vision of the data center in support of the growth of the digital services economy.
VMware:
Top Five Reasons Why Your Organization Should Consider Cloud-Based Disaster Recovery  —  Few organizations can afford the downtime caused by a disaster.  Those capable of weathering such events usually have the datacenters …
Zoho:
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Syncano:
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