Excerpt
GWEN IFILL (NewsHour): Like other fabled tech Cinderella stories, this one started as a young man with an idea working out of a garage.
Yesterday, Facebook announced it would pay $2 billion for Oculus VR, a company that makes a virtual reality headset for video games.
NewsHour economics correspondent Paul Solman recently featured the company in a pair of reports about virtual reality. We start with this excerpt.
MAN: This is insane.
PAUL SOLMAN (NewsHour): Though not yet ready for retail — it’s expected to sell for about $300 — the Oculus Rift is already being hailed as the Holy Grail of gaming, a lightweight, affordable headset to deliver totally immersive virtual reality, or V.R.
NATE MITCHELL, Oculus VR: A lot of us got into the games industry to build virtual worlds and explore — build and explore neat places. And being able to step inside those places for the first time is incredibly exciting.
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