Facebook sheds more light on why it bought Oculus

- Dan Rose, VP of content at Facebook, give insight into why Facebook bought VR company Oculus. The social media behemoth acquired Oculus for $2 billion at the start of the year, stating that VR had the potential "to create the most social platform ever." Now Facebook's Rose has further explained the move at the Paley International Council Summit this week, as reported by Business Insider, stating that virtual reality is the obvious next step for computers. "If you think about the trends in computing technology over the last 50 years, we went from mainframe computers, which were very impersonal and distant," he said, "to desktop computers that became directly interactive — you can touch and feel and interact with and interface yourself and set on your desk — to laptops, which you can now suddenly take with you, [to] now today, everybody has a computer in their pocket." As such, VR is simply the next piece of the puzzle in this "natural progression." "There are a lot of different approaches to how this might take place," he added. "Our bet is that virtual reality will be the on-ramp to optical computing."