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FTC Approves Facebook’s Oculus Purchase

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OculusRiftShot 24 Apr

The Federal Trade Commission has approved Facebook’s $2 billion acquisition of Oculus, Reuters reports. Facebook first announced the deal to acquire Oculus last month. The agreement will see Facebook pay $400 million in cash, along with 23.1 million in shares for a total of about $2 billion. “Mobile is the platform of today, and now […]

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