At a SXSW panel discussion about virtual reality, Palmer Luckey indicated that while things "haven't gone horribly wrong", he has backed down on actually releasing the headset later this year.
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Mainstream virtual reality is just on the horizon, but until then, it's beginning to be used as a tool in sports to help athletes train as well as learn from their mistakes during matches.
Facebook has given us a hint as to where it sees VR technology going in the near future. The company is already creating apps and testing scenarios that might soon become commonplace.
Oculus has announced a new prototype headset, Crescent Bay. They also announced a native mobile app that will be making its way to Windows Phone, iOS, and Android; a release date was not mentioned.
Virtual reality headset maker Oculus has announced a new prototype codenamed Crescent Bay with new features such as 360 degree head tracking and improvements over the previous generation Oculus Rift.
A group of high school students are making waves with their VR headset that resembles Google Cardboard, but predates it by over a week. The headset is made with household items and a mobile phone.
A new report claims that not only is Samsung working on its own virtual reality helmet, it is collaborating with Oculus VR on its development, even as Oculus works on its own helmet.
ZeniMax Media has now officially filed a lawsuit against Oculus VR, claiming that its CTO John Carmack helped to develop the Oculus Rift hardware and software while still working at id Software.
Oculus VR has hired Kenneth Scott, formerly the Art Director at Microsoft's 343 Industries on Halo 4, to fill out its first party game content team for its virtual reality helmet.
A new statement from Oculus VR strikes back against ZeniMax Media's claims that its CTO John Carmack took any IP from id Software to Oculus, saying there is no Zenimax code "in any Oculus products."
ZeniMax Media, the owner of id Software, has sent out legal notices to both Oculus VR and Facebook, claiming that John Carmack improperly took Zenimax's IP when he left id to become CTO of Oculus VR.
Oculus VR co-founder Palmer Luckey stated that company employees, and even some of their family members, have received death threats since their deal to be acquired by Facebook was announced.
The loss of one of Valve's most valuable assets in the realm of virtual reality could lead to them failing to other competition, such as Sony's recently revealed Project Morpheus, and the Oculus Rift.
The New York Times reports, via an unnamed source, that Facebook eventually plans to put its own logo and user interface in a redesigned version of the Oculus Rift VR helmet.
Minecraft creator Markus Persson has posted word via Twitter than he has canceled talks to port the popular game to the Oculus Rift VR device, due to the company's upcoming acquistion by Facebook.
Facebook has announced in a surprise blog post that they will be purchasing Oculus VR, the company behind the Oculus Rift headset, for a total of $2 billion.
A recent interview has revealed the previously unclear reasoning behind John Carmack's decision to leave id Software for OculusRift, a company focused on virtual reality technology.
Valve demoed its virtual reality technology today and company reps said that VR hardware for consumers could be ready within two years. Valve has no VR device plans of its own at the moment.
NASA's Jet Propulsion Laboratory is already using the preview version of Microsoft's Kinect for Windows v2 hardware and software to control a robotic arm with the help of the Oculus Rift VR product.
In a surprise announcement, id Software co-founder and lead programmer John Carmack has announced he has joined Oculus VR, the makers of the Oculus Rift, as its CTO, but will remain at id.
id Software co-founder John Carmack says that, in terms of making games, he would be happy if Windows 8 didn't exist, while also saying he is "kind of excited" about checking out a Surface tablet.