005930) Partners With Oculus For $99 VR Headset — Samsung (KRX

Luckey guesses that it will take about 10 years for virtual reality to be mass-adopted.

The new Gear VR, like the previous model, will not have a built in screen or processor, but instead will hold any Samsung smartphone, which functions as the central brains and display for the unit. It’s a more intimate, human interaction.

Oculus will now offer video content from a number of video providers, including Facebook, Netflix and Hulu. Suddenly Facebook sounds like the ideal company to have bought Oculus.

The newly announced VR headset is the first of its kind to be released without a “Development Kit” label or a safety net of an “Innovator Edition“, according to The Verge’s report.

Together with globally-known Korean mobile and technology giant Samsung, Oculus VR’s release date has been finalized and along with information regarding pricing and features has been revealed to the public. The new Gear VR is compatible with the Note 5, S6, S6 Edge, and S6 Edge Plus. Samsung had impressed one and all earlier this year with the Gear VR Innovative Edition.

“I think [Minecraft is] the single most important application that we can do for virtual reality, to make sure that we have an army of fanatic, passionate supporters that will advocate why VR is great”, Carmack said. At the top of them all-in terms of media exposure-stands Facebook’s Oculus VR glasses, also known as the Oculus Rift.

Sorry Oculus Rift fans, but the much-awaited Xbox One and Oculus Rift combination is not coming anytime soon. You know exactly what you’re getting, no advanced know-how required. It will cost about $1,500, including the computer required to run the device, according to a recent story in Vanity Fair.

It’s one of the common criticisms of technology – that it’s making people more focused on their devices than engaging with the real world.

After our Medium demo, we’re convinced this is where 3D design is going – whether for games, animation or creating digital blueprints for physical creations. In any case, it’s not easy to use for a long time at a stretch.

But Oculus is targeting a broader audience for the device through Oculus Video, which will let Gear VR owners buy and rent movies through partnerships with studios like 20 Century Fox and Lion’s Gate. It’s as if you were magically conjuring it in your own studio, combining the best of digital design and old-fashioned clay sculpting.