Facebook’s Oculus VR Is Growing Up

Facebook’s Oculus VR Is Growing Up

Facebook (NASDAQ: FB) is taking its virtual reality game to the next level, with upgrades to its existing platform and a new wireless VR product coming next year. In a presentation on Wednesday, the company outlined how it plans to get VR into the hands of over 1 billion people around the world.

VR probably isn't accessible to many people yet, but if Facebook succeeds with these product improvements it'll take a step toward the billion person goal. Here are the notable announcements and how they may impact Facebook's VR trajectory. 

Image source: Getty Images.

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Source: Fool.com