"Sir, your name will be stricken from the Facebook of Life forced to live in Reality all your days!" : Is Silicon Valley making a fool of you?
Opinion: The latest wave of tech deals are less innovation and more hype
Oculus.
Mark Zuckerberg’s latest deal is smaller, but feels just as forced as his last one
. Facebook Inc.
FB
+0.65%
investors should be concerned about the company’s compulsion to spend
enormous sums on unproven technology. Oculus is just 20 months old. Its
virtual-reality glasses suffer from the same issues
(motion sickness) that plague other makers. Its product isn’t even
available to consumers. It’s now two years, $21 billion and two deals
after Zuckerberg said
“We don’t plan on doing many more of these, if any at all.” Should
Facebook’s advertising fortunes turn and these products fail to catch
on, Zuckerberg may be seen as myopic.
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