Zuckerberg targets 1bn VR users as he unveils $199 Oculus Go

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The straps to have built with incredible attention to detail, thereby enabling users to consume VR experience in the Oculus Go for longer durations. Despite a lower price, the new VR headset also offers a higher resolution display, a wider field of view, and less glare.

Like the HTC Vive before it, Oculus has realised that the big money for VR is to be found in working with businesses, not consumers.

"The Oculus Go has potential to be a huge driver of growth", if people like the titles and apps on it, Stephanie Llamas, vice president of research at Super Data, said in an email.

Mr. Zuckerberg on Wednesday revealed how Facebook intends to address that problem, unveiling a stand-alone headset that won't require plugging in a smartphone or a cord tethering it to a personal computer like the Oculus Rift headset does. Oculus, the pioneers in the field of VR, is now owned by Facebook; with its VR team headed by former Google and Xiaomi executive, Hugo Barra.

The new Oculus Go will be shipping in 2018, and carry a price tag of US$199 (RM840).

Oculus Go will also come with integrated speakers but it will stil have a 3.5 mm headphone jack. To this end, the company also announced Oculus for Business bundle.

The company also announced that it will soon allow users to take VR objects to the Oculus Medium app and to Facebook Spaces, and also let them share their to the News Feed.

Project Santa Cruz, a fully 6DOF, positionally tracked headset got updated - which include fully tracked controllers that enable hand presence in the standalone form factor. The new prototype-stage VR headset is relatively sleeker, and offers six-degrees-of-freedom for motion control. Its specs seem most equivalent to using a Gear VR, utilizing "fast-switching" WQHD LCD screens and spatial audio, including a small controller that similar to what ships with the current Gear VR, as well as being compatible with all Gear VR software.

Recent discounts lowered the Rift's price to $399 at various times during the summer, a markdown Oculus now says will be permanent. The headset was then known under the code name "Santa Cruz". Oculus Dash is Rift's new interface that has been built from the ground up for Touch. Oculus VR Avatars can be used on Google's Daydream and Steam VR platforms starting sometime next year.

Remember that you'll need a decent-spec PC to run any VR - if you don't have one, keep an eye on gaming PC deals - any high-end rig will run VR well, though some specifically advertise themselves as "VR-ready" now to show they meet the required specs for Vive and Oculus.