The Mobile Minute is sponsored by SpiderCloud Wireless.
Facebook CEO Mark Zuckerberg says mobile is the platform of today, and that he wants to be ready for the platform of tomorrow. With that goal, Facebook is paying $2 billion for Oculus, a maker of virtual reality glasses and software, which it sells to developers. One game developer — the maker of Minecraft — has already tweeted that he will cancel plans to make a game for the Oculus glasses now that Facebook is buying the company.
Oculus was founded by Southern California’s Palmer Luckey. The 21-year-old is living up to his name today — he and his investors are selling the company for $400 million in cash and 23 million shares in Facebook, for a grand total of $2 billion.
Martha DeGrasse is the publisher of Network Builder Reports (nbreports.com). At RCR, Martha authored more than 20 in-depth feature reports and more than 2,400 news articles. She also created the Mobile Minute and the 5 Things to Know Today series. Prior to joining RCR Wireless News, Martha produced business and technology news for CNN and Dow Jones in New York and managed the online editorial group at Hoover’s Online before taking a number of years off to be at home when her children were young. Martha is the board president of Austin's Trinity Center and is a member of the Women's Wireless Leadership Forum.