Let us connect some dots. Five years ago, Facebook acquired VR pioneers Oculus for $2 billion. This week, it snapped up neural-interface pioneers CTRL-Labs for somewhere north of $500 million, and announced that its own massively multiplayer VR shared universe Horizon will launch early next year. Oculus became (somewhat creepily named) Facebook Reality Labs, headed by Andrew Bosworth, one of the company’s first 15 engineers, who also headed the company’s transition from desktop to mobile advertising.
Link: Facebook’s plan for our post-web future