Through Facebook Spaces, the company is set to enhance the VR experience for its Oculus Rift users. Recently, the social media giant dropped prices for Oculus Rift. According to a report by IDC, AR/VR market is expected to touch $143.3Billion by 2020. The news comes after Facebook recently released a video of its solar powered…
All posts by Deena Zaidi
Facebook Joins the Next Wave of Digital Disruption – Augmented Reality
Facebook recently announced its ambitious Augmented Reality Platform in its annual F8 Developer Conference. The firm’s CEO Mark Zuckerberg said, “We’re going to make the camera the first mainstream AR platform.” Through the announcement, Facebook joined the long list of established firms that are already invested heavily in Augmented Reality (AR). A recent report by…
Instagram Disrupts Snap by cloning most of its features
In April 2012, Facebook (NASDAQ:FB) acquired 18-month-old Instagram, which had only 30 million users and no revenue. At that time, $1 billion worth of deal seemed too big for a small startup like Instagram. But years later, the photo filter app boasts of having more than 600 million users and is proving to be a…
All That There is to a Startup
With venture capitalists pouring money into start-ups, the industry has been thriving since 2009. Many have crossed $1Billion-mark but have shied away from going public, raising concerns that many such huge startups may indeed be over-valued.