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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

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Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
Tech

Facebook Wants More Businesses to Use Virtual Reality

By
Jonathan Vanian
Jonathan Vanian
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By
Jonathan Vanian
Jonathan Vanian
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October 11, 2017, 3:30 PM ET
Inside The Oculus Connect 3 Event
Mark Zuckerberg, chief executive officer and founder of Facebook Inc., demonstrates an Oculus Rift virtual reality (VR) headset and Oculus Touch controllers as the gives a demonstration during the Oculus Connect 3 event in San Jose, California, U.S., on Thursday, Oct. 6, 2016. Facebook Inc. is working on a new virtual reality product that is more advanced than its Samsung Gear VR, but doesn't require connection to a personal computer, like the Oculus Rift does. Photographer: David Paul Morris/Bloomberg via Getty ImagesDavid Paul Morris — Bloomberg via Getty Images
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Facebook thinks that virtual reality can appeal to more than just video gamers. It’s betting that businesses will also use the emerging technology in the workplace.

The social networking giant debuted a bundle of virtual reality gear, including the Oculus Rift VR headset and two controllers, and three room sensors used to track a person’s movements in VR, that is intended for corporate clients. The package costs $900.

On Wednesday at Facebook’s (FB) annual Oculus Connect developer conference in San Jose, Facebook CEO Mark Zuckerberg talked about VR’s potential as a workplace tool. He mentioned that some Facebook staff hold meetings in virtual reality including the team that created the company’s Space virtual reality app.

Zuckerberg also showed the audience a picture of his office desk on which sat a single computer monitor. With virtual reality, however, he said he has a “bunch of different displays” while showing a picture of virtual reality environment containing multiple windows cluttered together like several computer monitors.

“It is much better than a video conference,” said Zuckerberg about using VR for work meetings. “You can do work together.”

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The corporate-oriented VR package also comes with a commercial license and dedicated customer service. They mimic how enterprise companies like Hewlett Packard Enterprise (HPE) and Microsoft (MSFT) sell their respective hardware and software to businesses.

Facebook also debuted its Oculus Go VR headset during its conference, which doesn’t need a personal computer to operate, like its Rift headset. The new Go VR headset will cost $200 when it goes on sale sometime next year.

About the Author
By Jonathan Vanian
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Jonathan Vanian is a former Fortune reporter. He covered business technology, cybersecurity, artificial intelligence, data privacy, and other topics.

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