Tags: Facebook
Facebook acquires Oculus VR in $2B deal
Social media giant Facebook acquired California, US-based virtual reality headset maker Oculus VR in a deal valued at $2 billion to help the startup expand beyond non-gaming applications of its technology.
Google plans to develop YouTube for Kids
According to Mashable, Google has intended to develop a YouTube site dedicated for children below 10 years old which could be ideal as more than 6 billion hours of videos are being watched by teens every month on the social media video platform.
Mark Zuckerberg and Ashton Kutcher invest $40M in stealthy AI startup Vicarious
Facebook founder Mark Zuckerberg, Hollywood actor Ashton Kutcher, and Tesla founder Elon Musk invested $40 million in the second funding round of secretive artificial intelligence (AI) startup Vicarious.
FTC and California say Facebook gave wrong interpretation on online teen privacy
The Federal Trade Commission and California Attorney General Kamala Harris said Facebook had the wrong interpretation of how COPPA applies to teenagers, the Los Angeles Times reported.