Does Facebook have Google envy?

Some have called Mark Zuckerberg’s $US2bn punt on Oculus VR 'nuts', but in the fast-moving tech industry, focusing only on today's business can be dangerous.

The social networking company's $US2 billion acquisition of Oculus VR, a maker of virtual reality goggles, took Wall Street and technology observers by surprise, not least because of the hefty price for a company with no real revenue and untested technology.


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