Facebook Reportedly Working on Video Virtual Reality App

A virtual reality experience on your phone may be brought to you by Facebook.

Sourced through Scoop.it from: abcnews.go.com

Facebook is working on the early stages of a stand-alone app that provides 360-degree or spherical videos, according to unnamed sources for the Wall Street Journal.   The Menlo Park, California-based company is no newcomer to the virtual reality space. Last year, Facebook acquired virtual reality device company Oculus VR for $2 billion. A new Oculus Rift device for consumers is expected for the first quarter of next year, Oculus VR says on its website. In March, Facebook CEO Mark Zuckerberg said during a developer’s conference that the social network would support spherical video in its news feed. He said users could “move around inside the video and view it from different angles.”  Other tech companies have tried their hand at virtual reality products. Google introduced a virtual-reality viewer Cardboard as an inexpensive device that uses almost any mobile device with Google’s Cardboard app. The company also showed users how to make their own Cardboard device at home.  Samsung  and Oculus sell the Gear VR headset for about $200 to use with certain Samsung phones.

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