Advertisement
Singapore markets close in 5 hours 38 minutes

  • Straits Times Index

    3,155.69
    -31.97 (-1.00%)
     

  • Nikkei

    36,818.81
    -1,260.89 (-3.31%)
     

  • Hang Seng

    16,089.41
    -296.46 (-1.81%)
     

  • FTSE 100

    7,877.05
    +29.06 (+0.37%)
     

  • Bitcoin USD

    61,686.66
    -271.58 (-0.44%)
     

  • CMC Crypto 200

    1,265.92
    +380.39 (+40.86%)
     

  • S&P 500

    5,011.12
    -11.09 (-0.22%)
     

  • Dow

    37,775.38
    +22.07 (+0.06%)
     

  • Nasdaq

    15,601.50
    -81.87 (-0.52%)
     

  • Gold

    2,408.60
    +10.60 (+0.44%)
     

  • Crude Oil

    85.38
    +2.65 (+3.20%)
     

  • 10-Yr Bond

    4.6470
    +0.0620 (+1.35%)
     

  • FTSE Bursa Malaysia

    1,549.60
    +4.84 (+0.31%)
     

  • Jakarta Composite Index

    7,041.24
    -125.58 (-1.75%)
     

  • PSE Index

    6,425.61
    -97.58 (-1.50%)
     

Facebook's Oculus unveils new virtual reality prototype device

Reuters
Oculus VR Inc. signage is displayed at the company's booth at the 2014 Electronic Entertainment Expo (E3) in Los Angeles, California June 11, 2014. REUTERS/Kevork Djansezian/Files

LOS ANGELES Oculus VR (Reuters) - Facebook Inc's Oculus VR unit announced an upgraded prototype of its virtual reality headset that has higher resolution and built-in audio, but the company said it is not ready to sell a device to consumers.

The new Crescent Bay device also is lighter than the most recent prototype of the Oculus Rift headset the company has made available to developers, Chief Executive Brendan Iribe said on Saturday at an Oculus developers conference in Hollywood.

"This is not the consumer product," Iribe said. But he added that "it is much, much closer."

Facebook, the world's largest social network, acquired two-year-old Oculus in July for $2 billion, making a bet that the untested technology will emerge as a new social and communications platform.

The Oculus Rift goggles create a 360-degree view that immerses players in fantasy settings. Users mount the device on their heads with a strap.

(Reporting by Lisa Richwine; Editing by Dan Grebler)