"Facebook has just announced that it will acquire virtual reality startup Oculus VR for approximately $2 billion. The deal includes $400 million in cash and 23.1 million shares of Facebook stock valued at approximately $1.6 billion."
Continue Reading....., here and here
This might be a good thing for the Oculus company since they now have a strong backer.
Or...this could be disaster and FB ruins the whole project. Time will tell.