OVTOculus Inc.
0.0400CAD0.00%Mkt Cap: 2.66M $P/E: Infinity

Oculus Inc., a development-stage technology company, focuses on cybersecurity, data privacy, and data protection solutions for enterprise business customers in the United States and Canada. The company provides Forget-Me…

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A dropout living in a trailer, he got $1 million from Peter Thiel at 19—now he’s a billionaire who says the American Dream isn’t dead

Billionaire Palmer Luckey sold Oculus to Facebook for $2 billion by 21 years old—and says that kind of break “isn’t happening in China.”

FFortune
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Palmer Luckey Says Apple's New CEO John Ternus May Have Built Early VR Gear He Used As A Teen: 'His Only Non-Apple Job Was...'

On Sunday, Palmer Luckey drew attention to John Ternus' little-known early career in virtual reality following Apple Inc.'s CEO transition announcement. Luckey Points To Ternus' Early VR Roots Luckey, founder of Oculus and defense tech firm Anduril, took to X and said, "His [Ternus] only non-Apple job was four years in the late '90s at Virtual Research, a tiny Virtual Reality HMD outfit." "From what I can tell, he was the lead mechanical engineer on the V8 I obtained when I was 16," Luckey wrote

Benzinga
Meta Layoffs: Is the Facebook Parent Getting Ready for Another "Year of Efficiency"?

Meta's first mass layoffs set off a surge in the stock. Will we see a repeat?

Motley Fool
US Army announces contract with Anduril worth up to $20B

The Army described this as a single enterprise contract consolidating more than 120 separate "procurement actions."

TTechCrunch
Well, there goes the metaverse!

The metaverse is on its last legs as VR is eclipsed by AI. But that's not the only thing that went wrong for Meta's VR ambitions.

TTechCrunch