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Monday, April 28, 2014

Google: Self-driving cars are mastering city streets

Google's self-driving car includes laser technology that creates a 3-D map of its surroundings.

(CNN) -- Long a veteran of the highways of rural California, Google's self-driving car is working on becoming safer in the city.
Over the past year or so, Google has been fine-tuning how the software running its fleet of automated vehicles handles the complexities of stop-and-go driving in heavily populated areas.
"A mile of city driving is much more complex than a mile of freeway driving, with hundreds of different objects moving according to different rules of the road in a small area," Chris Urmson, the head of Google's self-driving-car project, said Monday in a blog post.
Urmson said engineers have improved the cars' software to recognize situations like pedestrian traffic, buses, stop signs held by crossing guards and hand signals made by cyclists.
And, he says, self-driving cars have the potential to handle all of that even better than we do.
"A self-driving vehicle can pay attention to all of these things in a way that a human physically can't -- and it never gets tired or distracted," Urmson wrote. "As it turns out, what looks chaotic and random on a city street to the 
And, he says, self-driving cars have the potential to handle all of that even better than we do.
"A self-driving vehicle can pay attention to all of these things in a way that a human physically can't -- and it never gets tired or distracted," Urmson wrote. "As it turns out, what looks chaotic and random on a city street to the human eye is actually fairly predictable to a computer."
Since 2011, when self-driving vehicles became street-legal in Nevada, Google has logged nearly 700,000 miles with the cars, mostly on highways. The only reported accidents have happened when one of the cars was being driven by a person, or they were the fault of another driver.
Autonomous cars are also now legal in California, Florida and Michigan, although all states still require a human driver behind the wheel.
Google has been testing the cars around its Silicon Valley headquarters in suburban Mountain View, California.
There's more to learn before testing them in another city, Urmson wrote, "but thousands of situations on city streets that would have stumped us two years ago can now be navigated autonomously."
The cars' technology includes a laser radar system and a laser-based range finder that lets software create detailed 3-D maps of the surroundings.
In a YouTube video also posted Monday, one of the cars is shown recognizing and changing lanes in a construction zone, negotiating a railroad crossing and making a right turn at an intersection crowded with cars, cyclists and pedestrians.
"With every passing mile we're growing more optimistic that we're heading toward an achievable goal -- a vehicle that operates fully without human intervention," Urmson wrote.

Saturday, April 26, 2014

Microsoft’s Nokia deal closes — say hello to Microsoft Mobile

Microsoft’s Nokia deal closes — say hello to Microsoft Mobile
Image Credit: Devindra Hardawar/VentureBeat
Microsoft’s purchase of Nokia’s handset business closed today as expected – nearly eight months after it was first announced.
Microsoft stated during its Q1 2014 earnings call yesterday that it believed the Nokia sale would close today, yet a few hangups led to some minor changes to the terms of the deal, Reuters reports. Two factories, one in India and another in China, were reportedly left out of the deal due to tax disputes. And Microsoft’s expected purchase price of $7.2 billion reportedly rose by approximately $320 million to a potential final sale price of $7.52 billion.
As VentureBeat reported earlier this week, “Microsoft hasn’t stated officially what it will call its new unit, but a leaked memo unearthed by Nokia Power User points to an obvious moniker: Microsoft Mobile.” Former Nokia chief executive Stephen Elop is expected to run Microsoft’s Xbox and tablet businesses following the sale transition.
This news closely follows Microsoft’s first quarter with new chief Satya Nadella at the helm. “This business of ours is exciting because it doesn’t respect tradition, what we’ve done in the past,”said Nadella.

While Microsoft has operated in the smartphone business for quite a while, hopefully Nadella plans to shake up the company’s strategy now that it fully owns Nokia’s handset business. 
Microsoft Corporation is a public multinational corporation headquartered in Redmond, Washington, USA that develops, manufactures, licenses, and supports a wide range of products and services predominantly related to computing through ... read more »

Friday, April 25, 2014

Still swaggering! Justin Bieber pulls a tongue and grabs his crotch in front of waiting photographers as he's released after being detained for FIVE hours at LAX

Justin Bieber has been released after being detained at LAX for five hours by customs, following a trip back into the US from an international trip. The Boyfriend singer arrived at the airport from Singapore around 1pm on Thursday, and a source close to Justin told MailOnline that he was set back by 'secondary questioning' from TSA at the airport.'Justin was held up upon arrival while his bodyguards and his luggage were waiting outside for him. He went through routine secondary questioning but has now been released,' we're told.



It comes a week after the White House responded to a petition that requested the U.S. government deport the Canadian native. 
'Sorry to disappoint, but we won't be commenting on this one,' the White House said in a statement.
'We'll leave it to others to comment on Mr. Bieber’s case, but we're glad you care about immigration issues. Because our current system is broken. Too many employers game the system by hiring undocumented workers, and 11 million people are living in the shadows.'  

That was close! Justin Bieber released after being detained for FIVE hours by customs... as he leaves LAX sticking his tongue out and grabbing his crotch on Thursday

That was close! Justin Bieber released after being detained for FIVE hours by customs... as he leaves LAX sticking his tongue out and grabbing his crotch on Thursday


Bieber won few new friends on a recent trip to Japan when he made a trip to Yasukuni Shrine war memorial, which honours Japanese war dead including 14 convicted war criminals from World War II. 
He visited an orphanage a day later in what many saw as an attempt at damage control.
This isn't the first time that been detained at an airport.
The turbulent teen singer was accused of abusing a flight attendant on a private jet until she was forced to hide in the cockpit on January 31, and he was detained in Australia on November 24 after using 'inappropriate language' when his entourage were searched.  
In the January incident, Bieber and his entourage were also said to have smoked so much marijuana on the flight between Canada and New Jersey that the pilots were forced to wear oxygen masks

Before the drama: Justin posted this photo on his Instagram account before he left Singapore for the US where he was held up at LAX
Before the drama: Justin posted this photo on his Instagram account before he left Singapore for the US where he was held up at LAX

Read more: http://www.dailymail.co.uk/tvshowbiz/article-2612678/Justin-Bieber-released-detained-FIVE-hours-customs-leaves-LAX-sticking-tongue-grabbing-crotch.html#ixzz2zuZ9K3ZA




Tuesday, April 22, 2014

What's Next For TelexFree Victims?

Last week was a busy week for TelexFree.  After filing for bankruptcy protection on Monday in a Nevada bankruptcy court, state and federal securities regulators filed civil actions accusing the company of operating a massive pyramid and Ponzi scheme that, by one estimate, may have raised $1 billion from investors worldwide.  That same day, federal agents from the FBI and the Department of Homeland Security raided the company's headquarters in Marlborough, Massachusetts, which later drew headlines after authorities discovered TelexFree's Chief Financial Officer attempting to remove $38 million in cashier's checks from the offices. (The company later claimed there was no nefarious purpose behind this effort.)  Now, one week after TelexFree's bankruptcy filing and as reality begins to set in to an estimated 700,000 company "affiliates," the focus turns to the next steps.  This includes not only the various pending court and regulatory proceedings, but also the future of those "affiliates" that made substantial investments based on promises of extravagant returns.  

Eminem - The Monster ft. Rihanna (Official MattyBRaps Cover ft Skylar St...



MattyB's YouTube channel is a huge success by any standard. He's amassed over 2 million subscribers and has published over 140 videos that include musical covers of Jason Derulo, Eminem, and Ke$ha. However, last week, MattyB uploaded a cover of the Notorious B.I.G.'s "Juicy." And the reviews are mixed.

Google Smart Contact Lenses Move Closer to Reality

Google's Smart Contact Lens is like your 

contact lens,except it's a whole lot smarter.

Smart_contact_lens_hand-holding




Google’s plan to bring smart contact lenses to diabetes sufferers inched closer to reality as the company secured two patents last week for the cutting edge, biometric sensor technology.
Known among scientists as “Ophthalmic Electrochemical Sensors,” these contact lenses will feature flexible electronics that include sensors and an antenna. The sensors are designed to read chemicals in the tear fluid of the wearer’s eye and alert her, possibly through a little embedded LED light, when her blood sugar falls to dangerous levels.
According to the patent:
“Human tear fluid contains a variety of inorganic electrolytes (e.g., Ca.sup.2+, Mg.sup.2+, Cl.sup.-), organic solutes (e.g., glucose, lactate, etc.), proteins, and lipids. A contact lens with one or more sensors that can measure one or more of these components provides a convenient, non-invasive platform to diagnose or monitor health related problems. An example is a glucose sensing contact lens that can potentially be used for diabetic patients to monitor and control their blood glucose level.
Google’s project is one of a number of in-eye wearable sensor technologiescurrently under development at universities and research facilities around the country. However, with two patents in hand Google’s project may have a leg up on the competition.
Google Smart Contact Lens

This side view of the smart lens show the
polymeric material and the embedded substrate (230).

IMAGE: GOOGLE

The patents also offer a rare opportunity to see how Google and its research partners envision the Smart Contact lens fitting on the human eye.
For example, Google intends to both communicate and power the electronics-embedded contact lens with a pair of antennas, though the patent notes that these two functions could be embedded within one antenna.
Google Smart Contact Lens

These images show how the lens would sit on the human eye (10) and how the eyelids (30 and 32) would close over it. When the lids distribute tears over the eye, they will also, by design, coat both the convex and concave surface of the smart lens.

IMAGE: GOOGLE

As for how the eye can see past the thinner-than-a-strand-of-hair electronics, the patent notes that the substrate is too close to the eye to be in focus and it’s positioned away from the center of the eye and, thereby, away from where light is transmitted to the retina. It also notes that the substrate can be made of transparent (read: “see-through”) materials.
Google, which announced the project in January, still has to get FDA approval before anyone starts wearing smart contact lenses. Still, it’s clear that glucose level detection is merely scratching the surface of the potential for these lenses. If Google can effectively build free-standing, communication-ready electronics in a transparent device roughly the size of a standard contact lens, there’s no telling what other kinds of smarts the lens will eventually be able to support. CouldGoogle Glass Contact Lenses be far behind?
It's still unclear how long before Google plans on commercializing the smart contact lens research project. Mashable has contacted Google and will update this story with its comments.




Saturday, April 19, 2014

Project Ara: our best look yet at Google's new modular smartphone

This week in Mountain View, Google held its first-ever developer conference for Project Ara. Developed by a small team within the company called ATAP staffed with ex-DARPA engineers and some of the brightest minds at Google, Ara is a mission to make a modular smartphone. It'd be the last phone you ever needed to buy, because you'd be able to swap out everything from the camera to the display to the battery, in order to always have the exact phone you want.
For ATAP and Google, the goal is to build a device that will make the smartphone accessible to the billions of people who can't afford iPhones and Galaxy S5s. There are huge obstacles everywhere you look, and ATAP is working on an incredibly fast timeline to turn Ara into a product people can buy — there's barely a year left to make it real. But if Project Ara works, if modular smartphones are more than just a Lego-lover's pipe dream, it could change the industry forever. New types of manufacturing, new ways of buying and selling phones, and new ways for consumers to interact with their most personal and most intimate devices.
The project is still in its infancy, but ATAP is finally showing what Ara might be. This is what it looks like.

FOR MORE, CHECK OUT OUR EXCLUSIVE REPORT ON PROJECT ARA'S HISTORY AND DEVELOPMENT

Photos by Dieter Bohn

Friday, April 18, 2014

SEC Charges TelexFree With Fraud, Alleges $1.1 Billion Pyramid Scheme

The Securities and Exchange Commission has announced it filed civil fraud charges on April 15, 2014, accusing multiple companies under the TelexFree umbrella, as well as officers and promoters, of orchestrating a massive pyramid scheme that targeted Dominican and Brazilian immigrants and took in at least several hundred million dollars from investors worldwide. In addition to the TelexFree entities, the Commission also named eight TelexFree officers and promoters: James M. Merrill, Carlos N. Wanzeler, Steven M. Labriola, Joseph H. Craft, Sanderley Rodrigues de Vasconcelos, Santiago de la Rosa, Randy N. Crosby, and Faith R. Sloan (collectively, “Defendants”). Each has been charged with multiple violations of federal securities laws. In addition to the charges, the Commission also announced it had obtained an asset freeze securing millions of dollars in funds.   According to the Commission, while investors continue to enroll every day, “it is clear the pyramid has collapsed.”
The unsealing of the charges come days after TelexFree declared bankruptcy in a Nevada federal court and was subsequently the target of an administrative action by Massachusetts securities regulators accusing the company of being a massive $1.1 billion pyramid and Ponzi scheme.  According to authorities, TelexFree advertised itself as a substitute to landline phone services through the sale of its voice over internet protocol (“VoIP”) program, 99TelexFREE.  In addition, the company also sought participants for a passive income program that promised outsized returns through either a $289 or $1,375 investment (as well as a $50 administrative fee).  Investors were able to invest by credit card.  The $289 program offers one advertisement kit and ten VoIP Programs, while the $1,375 option allows the purchaser to receive five advertisement kits and fifty VoIP Programs.  By using the so-called advertisement kits, which is an “effortless” process consisting of several minutes of work per advertisement, participants are purportedly able to generate extensive returns without the need for any VoIP Program sales.  In addition, participants received an additional VoIP Program for posting a daily advertisement, which they were then able to sell to TelexFree for $20.
Through these efforts, participants in either program were promised astronomical returns.  For example, a participant investing $289 that simply placed one advertisement per day could receive an annual profit of at least $681 – a return exceeding 200%.  Similarly, a participant investing $1,375 and placing five advertisements daily could receive profit of $3,675 – a return over 250%.  Not surprisingly, these large returns spurred the participation by many thousands of investors worldwide.
TelexFree also paid handsome commissions to promoters, including bonuses of up to $100 per member recruited and further incentives for direct and indirect participants in their “network.”  Additionally, promoters were promised 2% of all payments to each participant in their network that had at least one active VoIP customer.  According to the Commission, Defendants Vasconcelos, De La Rosa, Crosby, and Sloan were among “the most successful promoters of TelexFree.”
The Commission accused TelexFree of multiple material misrepresentations and omissions to investors, including but not limited to:
  • Advertising that Merrill had a B.A. in Economics from Westfield State University when he had only attended the university for two years before dropping out;
  • Including a photo of Merrill in front of a three-story building purportedly owned by TelexFree when in fact the company only occupied a single suite in the building; and
  • Representing the company had been in the “VOIP telecommunications” business for a decade
Seal of the U.S. Securities and Exchange Commi...
Seal of the U.S. Securities and Exchange Commission. (Photo credit: Wikipedia)
According to the Commission, TelexFree’s VoIP sales revenue from August 2012 to March 2014 was approximately $1.3 million – barely one percent of the more than $1.1 billion accumulated by participants.  As a result, TelexFree was accused of operating as a classic pyramid scheme – by paying earlier investors not through ongoing operations but from funds from new investors.  Despite the approximately $1.3 million, the Commission also alleges that more than $30 million of investor funds was transferred to TelexFree affiliates or Defendants.
In addition to the Defendants, the Commission also charged several related entities as Relief Defendants, alleging they had received proceeds from the scheme.  According to the Commission, nearly $7 million was loaned or transferred to TelexFree Financial, Inc., TelexElectric, LLLP, and Telex MobileHoldings, Inc.
The Commission is seeking permanent injunctive relief, disgorgement of ill-gotten gains, and civil monetary penalties.  Notably, the Commission is not seeking the appointment of a receiver.  Rather, it appears that future efforts to secure and marshal assets for the benefit of TelexFree victims will come through the efforts of the court-appointed bankruptcy trustee.
At this point, TelexFree has faced charges from solely civil regulators, despite recent news that criminal authorities from the FBI and Department of Homeland Security recently raided the company’s Boston headquarters.  The Boston Globe also reported that TelexFree has retained criminal defense counsel from a high-powered law firm.  
Updates Will Follow
Jordan Maglich is a securities law attorney in Tampa, Florida.  Follow Jordan on Twitter at@Ponzitracker or visit Ponzitracker

Google's future phone: The modular Project Ara

Google's Project Ara is a modular smartphone with 

swappable hardware components held together by magnets

Google's Project Ara is a modular smartphone with swappable hardware components held together by magnets.

(CNN) -- Google is jumping into its next futuristic hardware project. This time it's a modular smartphone dubbed Project Ara that can be customized by swapping out individual pieces, such as the battery and the camera.

The company previewed the very early-stage project at a developer event in Santa Clara, California, this week. Google said the first version of the phone will likely be available in early 2015. Though the company didn't mention a sale price, it said the devices would cost anywhere from $50 to $500 to manufacture, depending on the model.

The phone will come in three sizes, ranging from mini to "phablet," and it will run on a future version of the Android mobile operating system. A frame called the Endo will hold the interchangeable components together with magnets.

The idea is to allow smartphone owners to customize and update their phones on their own -- say, popping out an old battery or broken display for a new version, and thereby creating a device that lasts longer than current smartphones.

Because the Ara project is open-source, the fun will be adding third-party modules or even printing your own with a 3D printer. Instead of relying on a single hardware manufacturer, people could shop around and add unusual elements made by startups, cameras produced by camera companies, or custom hardware for highly specialized work phones.

The modules will be sold much like apps are now, through a custom Google online store and possibly even physical pop-up stores.

An Ara device could be used for five to six years. That lengthy lifespan (for a smartphone) could cut down on electronic waste and shake up the planned obsolescence that seems common with current mobile gadgets.

Instead of dropping a still-working Galaxy S4 for the S5, you could just upgrade the parts you care about, like adding a fingerprint sensor or a better camera.

Project Ara is the brainchild of Google's Advanced Technology and Projects group (ATAP). When Google bought Motorola's mobile division for $2.9 billion, it also picked up ATAP, its experimental lab where employees work on futuristic projects. Google is already selling Motorola Mobility to Lenovo, but it's hanging on to ATAP and its leader, former DARPA director Regina Dugan.

Informativo TelexFREE - 17/04/2014

[TelexFREE] Informativo TelexFREE de 17/04/2014

Thursday, April 17, 2014

Phonebloks...A Smartphone Idea...

SHOW WE WANT THIS PHONE


COMPLETED SEPT 2013

We want to gather as much people as possible and the show the world there is a need for a phone worth keeping. On the 29th of October 2013 we spread all your messages at the same time using Thunderclap. The more support we gather the bigger the impact.


Tuesday, April 15, 2014

Sub aborts search for MH370 when ocean proves too deep

PINGS HAVE FADED BUT THE SEARCH CONTINUES
The search for the missing jetliner's black box recorders is continuing in the Indian Ocean, although the latest efforts have faltered. The Bluefin 21 robotic submarine was forced to return from its mission after reaching its maximum depth without any results on April 14. It is expected to be redeployed in shallower areas.
BEIJING – The robotic submarine sent to look for the missing Malaysian jetliner deep in the Indian Ocean aborted its mission when the search area proved beyond its 15,000-foot limit, Australian authorities said Tuesday.
The U.S.-made Bluefin 21 was launched late Monday on a planned 16-hour search of the seabed for any sign of the data recorder from Malaysia Airlines Flight MH370. But after just six hours, the autonomous vessel had reached its maximum depth and its safety devices returned it to the surface, Australia's Joint Agency Coordination Centre (JACC) said in a news release.
The data collected by the Bluefin on Monday was analyzed after it returned to the surface and nothing of interest was found, the U.S. Navy said in a statement. Officials from JACC added that Bluefin 21 would resume its search later today when the weather improved.
The little yellow submarine was launched after surface ships searching for acoustic signals last picked up a "ping" that could have been from one of the jet's "black boxes" six days ago.
"It is time to go underwater," and end the surface search, the Australian official leading the search said Monday.
The slow-moving robotic submersible, or "autonomous underwater vehicle," was launched Monday night local time in the southern Indian Ocean to map the ocean floor, said Angus Houston, who leads the Joint Agency Coordination Centre, which is responsible for the search and recovery effort. The Bluefin-21, made in Quincy, Mass., is fitted with sonar equipment that can map the ocean floor
Flight MH370 from Kuala Lumpur to Beijing, with 239 people aboard, disappeared soon after takeoff on March 8, sparking a massive, multinational search effort including planes and vessels from the USA and China.
Workers on the ADF Ocean Shield launch a U.S. Navy Bluefin-21 robotic submarine.The Malaysian jet with 239 people on board disappeared March 8 during a flight from Kuala Lumpur to Beijing.

Workers on the ADF Ocean Shield launch a U.S. Navy Bluefin-21 robotic submarine.The Malaysian jet with 239 people on board disappeared March 8 during a flight from Kuala Lumpur to Beijing.  (Photo: .S. Navy MC1 Peter D. Blair via AFP/Getty Images)
Australia's Ocean Shield ship will stop searching for acoustic signals, given the strong likelihood that the batteries of the black box recorders have now expired and will no longer transmit signals. The air and surface search for debris will also be completed in the next two to three days as chances of finding wreckage "have greatly diminished," Houston said.
Authorities are also exploring an oil slick found Sunday in the area where four strong underwater signals were detected last week, he said. A 2-liter sample was collected and is being analyzed, Houston said.
That oil slick, and the four earlier transmissions, are "the only leads" authorities currently have, Houston said. An earlier signal detected by a Chinese vessel is no longer considered credible, he said.
The four signals detected by the towed pinger locator on the Ocean Shield represent "the most promising lead in the entire search," said Houston, who spoke in Perth, Australia, at JACC's first news conference in five days. "We (will) start where we think the best location is, then go out from there," he said. "If we don't find anything, we go further out and look a bit further afield."
The search area for the first mission will cover 15.4 square miles of the ocean floor, Houston said. Each Bluefin mission will take 24 hours to descend, search, resurface, share its data and recharge.
The sub will take two hours to descend 15,000 feet, the very limits of its operating ability. After 16 hours probing the ocean bed, it will resurface and then deliver its data. Analysts will get no indication of its progress until that daily download, Houston said.
Houston, a former Air Chief Marshal of Australia, cautioned against raising hopes
"Don't be over optimistic, be realistic," he said. The ocean floor that will be mapped by side-scan sonar is "new to man," and the search may be complicated by heavy silt that could be "quite layered and quite deep," he said.
The majority of passengers aboard MH370 were from China.
To meet the strong interest in China, Houston held a separate press conference Monday for Chinese media, with Mandarin translation.
Many relatives remain in Beijing at the Lido Hotel, where Malaysia Airlines has provided rooms for families of MH370 passengers. The families gather in daily meetings, sometimes with representatives from the airline and Malaysian or Chinese governments, and occasional prayer sessions.
For better coordination, the relatives recently set up a voting structure, with one voting member per passenger. The group will decide on media releases, legal and other matters.
"The new structure is working," said Ma Tong, 29, a Beijing actuary whose mother Ma Wenzhi, 57, was on the plane. "The relatives are too numerous and loosely organized, and we want to be more efficient, so we established this smaller group with 154 people," he said.
After agonizing weeks of waiting and many false leads, "we are more calm now, we don't care so much about the latest updates," Ma said.
"Even if they find the black boxes later, if no bodies of our relatives are found, most of us won't go to Australia," he said. "We doubt the plane is there, our relatives could be in another place. We don't believe any news now."
Contributing: Sunny Yang; Michael Winter
READ MORE AT: 
http://www.usatoday.com/story/news/world/2014/04/14/malaysia-ocean-search-airline/7691083/#

What's Oculus VR, and why did Facebook pay $2B for it?

Oculus makes a virtual reality headset which covers users' eyes and immerses them in a virtual environment that responds to their head movements. Facebook said its focus is on investing in the product for the future.
Oculus makes a virtual reality headset which covers users' eyes and immerses them in a virtual environment that responds to their head movements. Facebook said its focus is on investing in the product for the future.


(CNN) -- On the surface, Facebook's $2 billion purchase of Oculus VR, which develops virtual-reality technology, doesn't make a lot of sense.
Facebook is a social network. Oculus makes gear that enhances video gaming. How is this awkward marriage going to work?
Maybe it won't: Facebook moms and Millennial gamers are an uneasy mix. Then again, this may be a savvy bet by Facebook CEO Mark Zuckerberg on the long-term future of how we communicate.
Either way, there's a lot of confusion surrounding this deal. So let us break down what Oculus VR does and why Facebook wanted it so badly.
What is Oculus VR?
Based in Irvine, California, Oculus (rhymes with "octopus," sort of) is a young company founded by Palmer Luckey, who designed its core product -- the Oculus Rift headset -- as a 20-year-old engineer at the University of Southern California.
In the hopes of raising $250,000 to make a few hundred headsets for diehard enthusiasts, Luckey launched a Kickstarter project in 2012. He hit that goal in four hours and within a month had raised nearly $2.5 million.
Early prototypes of the Oculus Rift soon drew raves at tech conferences. Gaming legend John Carmack, the lead programmer of pioneering games like "Doom" and "Quake," came aboard last year as Oculus' chief technology officer. And both CNN and Timehonored the Rift in 2013 as one of the top inventions of the year.
Developer versions of the headsets began rolling out to Kickstarter backers and others last spring. A consumer version is expected sometime later this year.
How does the Oculus Rift work?
The headset, which looks like something a skier or scuba diver might wear, fits snugly over the wearer's face and is paired with headphones. A high-definition 3-D display immerses you in an interactive world -- a medieval village, a tropical jungle, a jet's cockpit -- which you navigate with the help of a game controller.
The goggles come packed with an extra-wide field of view, accelerometer, gyroscope and compass to track the position of your head and sync the visuals to the direction where you are looking. This technology has allowed Oculus to improve on the sometimes jerky visuals of other virtual-reality systems.
Those who have demoed the headset say it feels so real they have flinched involuntarilyat perceived dangers. Reviewers have been wildly enthusiastic, inspiring such breathless headlines as "Mere Words Can't Do Justice To How Awesome The New Oculus Rift Gaming Headset Is" and "I Wore the New Oculus Rift and I Never Want to Look at Real Life Again."
Why did Facebook buy the company?
This is the big question. Given the potential demand for the Oculus Rift when it hits the market, Facebook may view Oculus purely as a new stream of revenue. Some observers suggest the purchase is an attempt to inject some futuristic cool into an aging social-media company that's falling out of favor with young users.
By buying Oculus, Facebook also is betting that the next tech wave could be ruled by wearable devices -- a similar path being trod by Google, with its Glass eyewear, and Samsung, with its Galaxy Gear smartwatch.
"After games, we're going to make Oculus a platform for many other experiences," said Zuckerberg in a post announcing the purchase. "Imagine enjoying a courtside seat at a game, studying in a classroom of students and teachers all over the world or consulting with a doctor face-to-face -- just by putting on goggles in your home.
"This is really a new communication platform. By feeling truly present, you can share unbounded spaces and experiences with the people in your life. Imagine sharing not just moments with your friends online, but entire experiences and adventures."
The Oculus Rift, however, remains an immersive but isolating experience -- it's not clear how Facebook would integrate social functions into a Rift game, or whether users would even want that.
How might Facebook use Oculus?
Oculus believes that over the next 10 years, virtual reality will become ubiquitous and affordable. Future technology could potentially allow two Oculus wearers to interact with each other in a virtual world -- like Skype on steroids.
"You start to realize how big this could be if you can see someone else, and you can actually look at them and your brain believes they're right in front of you, not through a screen," Oculus CEO Brendan Iribe told reporters in a conference call, as reported by Fortune.
So, yes, the Oculus Rift might be a real-world step toward the "Star Trek" Holodeck, a chamber which can simulate any environment. Instead of messaging your old college pals through Facebook, why not meet them for a virtual hike through the Grand Canyon?
"You get the goosebumps," Iribe continued. "You see how big this could be, and how social it is, and the impact it could have on other industries."
Still, however, some observers remain skeptical.
"The real question is: Does Mark Zuckerberg actually believe that Facebook's aging user base is going to be enthusiastic about the notion of a virtual social experience?" wrote Eric Mack for Forbes.
"While I'm sure that Facebook would love to integrate virtual reality gaming and chats with doctors on the other side of the world into its platform," Mack added, "could part of the calculus also be to hedge against the day that the era of the social network as we know it becomes totally played out?"

Facebook's top 10 purchases