BEVERLY HILLS, Calif. – Oculus is hedging its bets that an adorable critter named Henry can help convince consumers – and Hollywood – about the viability of virtual reality as a storytelling medium.

Many investors were baffled when Facebook announced its $2 billion acquisition of Oculus VR last year -- virtual reality headsets seemed like an odd strategic fit for the core advertising business of ...

Facebook’s VR subsidiary Oculus is shutting down its VOD efforts on is Oculus Rift headset this week, and is reimbursing anyone who has bought titles in the past. Oculus told Rift users in an email ...

Discover seven VR movies featuring survival, investigation and unexpected bonds. Virtual Reality (VR) movies add a new dimension to entertainment by immersing viewers in a fully-realized ...

Facebook is reportedly holding talks with Hollywood studios and directors with the aim of bringing custom-made virtual reality movies to its Oculus Rift headset. The social network is approaching Fox, ...

Facebook is to start funding virtual reality movies after forming an in-house production studio to propel the medium into the mainstream. The internal team, dubbed “Story Studio”, will produce fully ...

Oculus was a virtual reality company founded by Palmer Luckey. It was acquired by Facebook, now known as Meta, for $2 billion in cash and stock. Virtual reality has been a major initiative for Meta.