【asian gay sex video】
Back in March 2014,asian gay sex video Facebook announced it acquired Oculus, the "leader in immersive virtual reality technology, for a total of approximately $2 billion."
Turns out that was fake news — or maybe just a poorly written lede.
SEE ALSO: How Oculus could revive the 3D-printing revolution that never happenedFacebook did acquire Oculus, but the price tag was much larger than previously stated and widely reported. The realization came after the attorney for video game maker ZeniMax Media (which is suing Facebook for allegedly stealing the intellectual property) directly asked Facebook CEO Mark Zuckerberg in court testimony Tuesday.
Facebook paid $2 billion for the company plus an additional $700 million to retain employees and $300 million for earn-out, he said. That brings the total cost to bring Oculus under the Facebook umbrella as $3 billion.
This Tweet is currently unavailable. It might be loading or has been removed.
Facebook stated in its own press release at the time that the company issued $400 million in cash, common stock valued at $1.6 billion and $300 million earn-out. With those numbers, the press and Facebook continuously low-balled the "approximately $2 billion," and simply neglected a cool $700 million.
Oculus had approximately 75 employees at the time of the acquisition.
Even with the new price tag, Oculus is far from Facebook's most expensive deal to date. Facebook acquired WhatsApp for $19 billion in 2015.
Featured Video For You
Fitness meets VR gaming with this badass flying machine
Topics Facebook Oculus
Search
Categories
Latest Posts
Star Wars Holiday Gift Guide: Your shopping mission starts here
2025-06-27 02:00Milk and eggs from fungi and yeast? Animal
2025-06-27 01:54Popular Posts
Trump praises storm response as historic disaster unfolds in Houston
2025-06-27 03:26Milford Sound is New Zealand's most Instagrammed location of 2017
2025-06-27 03:23Rihanna attends opening of Rihanna Drive in Barbados
2025-06-27 03:16Women in Film launches help line for victims of sexual harassment
2025-06-27 03:14Best Amazon deal: Save 20% on floral and botanical Lego sets
2025-06-27 03:08Featured Posts
Facebook's refusal to make a decision on Trump is flat out weak
2025-06-27 03:23The world's biggest Starbucks outlet is also AR
2025-06-27 03:01Here's what to expect from Apple's WWDC 2021
2025-06-27 02:13Even Trump's Earth Day message was anti
2025-06-27 02:10Popular Articles
The Ideal Smartphone for 2017
2025-06-27 03:44India's prime minister is the second most
2025-06-27 03:29Thousands of giant sequoias were killed by an extreme wildfire
2025-06-27 03:01Bryan Singer fired from Queen biopic after no
2025-06-27 02:14Trump says he represents Pittsburgh, not Paris, but, um, well...
2025-06-27 02:11Newsletter
Subscribe to our newsletter for the latest updates.
Comments (7149)
Sharing Information Network
Best Presidents' Day deal: Save $250 on Peloton Bike
2025-06-27 03:31Evergreen Information Network
Bryan Singer fired from Queen biopic after no
2025-06-27 02:58Charm Information Network
Republican tax plan passes in the Senate and Twitter erupts with anger
2025-06-27 02:28Neon Information Network
Trump's lawyer used Comic Sans and Twitter is dragging him for it
2025-06-27 02:07Fashion Information Network
Best free ChatGPT courses
2025-06-27 01:50