Close Menu
TechCentralTechCentral

    Subscribe to the newsletter

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    Facebook X (Twitter) YouTube LinkedIn
    WhatsApp Facebook X (Twitter) LinkedIn YouTube
    TechCentralTechCentral
    • News
      Icasa's blunt message to Starlink and other satellite operators

      Icasa’s blunt message to Starlink and other satellite operators

      29 June 2026
      Massive restructuring at former Showmax shareholder - Comcast, NBCUniversal

      Massive restructuring at former Showmax shareholder

      29 June 2026
      Morocco overtakes South Africa as Africa's top industrial power

      Morocco overtakes South Africa as Africa’s top industrial power

      29 June 2026
      Prosus CEO Bloisi's $100-million moonshot is slipping away - Fabricio Bloisi

      Prosus CEO Bloisi’s $100-million moonshot is slipping away

      29 June 2026
      Mastercard opens African cybersecurity hub - Michael Miebach

      Mastercard opens African cybersecurity hub

      29 June 2026
    • World

      SK Hynix ends Samsung’s 26-year reign at the top

      22 June 2026
      Google on the hook for what its AI tells users, court rules

      Google on the hook for what its AI tells users, court rules

      15 June 2026
      How Russians juggle VPNs to outwit the Kremlin

      How Russians juggle VPNs to outwit the Kremlin

      15 June 2026
      Amazon CEO flagged Anthropic AI risks to Washington - Andy Jassy

      Amazon CEO flagged Anthropic AI risks to Washington

      14 June 2026
      Trouble at Xbox

      Trouble at Xbox

      11 June 2026
    • In-depth
      AI boom sparks rally, frenzy and fear

      AI boom sparks rally, frenzy and fear

      11 June 2026
      Every plug-in hybrid on sale in South Africa, ranked by price - Lamborghini Temerario

      Every plug-in hybrid on sale in South Africa, ranked by price

      7 June 2026
      What Wi-Fi 8 will mean for wireless networks

      What Wi-Fi 8 will mean for wireless networks

      1 June 2026
      Alfa's electric rebel - Alfa Romeo Junior Elettrica Veloce

      Alfa’s electric rebel

      29 April 2026
      Africa switches on as Europe dims the lights

      Africa switches on as Europe dims the lights

      9 April 2026
    • TCS
      Watts & Wheels S1E6: 'A flawless Alfa and a bakkie that divides'

      Watts & Wheels S1E6: ‘A flawless Alfa and a bakkie that divides’

      17 June 2026
      Watts & Wheels S1E6: 'A flawless Alfa and a bakkie that divides'

      Watts & Wheels S1E5: ‘A Bentley of the bush and a car that swims’

      8 June 2026
      TCS | Charge's R1.8-billion bet on an off-grid EV future - Charge chairman Joubert Roux

      TCS | Charge’s R1.8-billion bet on an off-grid EV future

      18 May 2026
      TCS+ | The Up&Up Group on the hidden cost of AI - Jason Harrison

      TCS+ | The Up&Up Group on the hidden cost of AI

      13 May 2026
      Michael Rossouw

      TCS+ | The retirement decision most South Africans get wrong

      6 May 2026
    • Opinion
      The pivot South Africa's MVNOs cannot afford to miss

      The pivot South Africa’s MVNOs cannot afford to miss

      23 June 2026
      Brazil's online gambling crackdown is a lesson for South Africa

      Brazil’s online gambling crackdown is a lesson for South Africa

      22 June 2026
      Finish the job Mandela started - Farzam Ehsani

      Finish the job Mandela started

      18 June 2026
      The author, Fanie van Rooyen

      The US just showed it can switch off our AI

      17 June 2026
      The pivot South Africa's MVNOs cannot afford to miss

      The clock is ticking on South African banks’ biggest advantage

      9 June 2026
    • Company Hubs
      • 1Stream
      • Africa Data Centres
      • AfriGIS
      • Altron Digital Business
      • Altron Document Solutions
      • Altron Group
      • Arctic Wolf
      • Ascent Technology
      • AvertITD
      • BBD
      • Braintree
      • CallMiner
      • CambriLearn
      • CM Telecom
      • Contactable
      • CYBER1 Solutions
      • Digicloud Africa
      • Digimune
      • Domains.co.za
      • ESET
      • Euphoria Telecom
      • HOSTAFRICA
      • Incredible Business
      • iONLINE
      • IQbusiness
      • Iris Network Systems
      • Kaspersky
      • LSD Open
      • Mitel
      • NEC XON
      • Netstar
      • Network Platforms
      • Next DLP
      • Ovations
      • Paracon
      • Paratus
      • Q-KON
      • SevenC
      • SkyWire
      • Solid8 Technologies
      • Telit Cinterion
      • Telviva
      • Tenable
      • Vertiv
      • Videri Digital
      • Vodacom Business
      • Wipro
      • Workday
      • XLink
    • Sections
      • AI and machine learning
      • Banking
      • Broadcasting and Media
      • Cloud services
      • Contact centres and CX
      • Cryptocurrencies
      • Education and skills
      • Electronics and hardware
      • Energy and sustainability
      • Enterprise software
      • Financial services
      • HealthTech
      • Information security
      • Internet and connectivity
      • Internet of Things
      • Investment
      • IT services
      • Lifestyle
      • Motoring
      • Policy and regulation
      • Public sector
      • Retail and e-commerce
      • Satellite communications
      • Science
      • SMEs and start-ups
      • Social media
      • Talent and leadership
      • Telecoms
    • Events
    • Advertise
    TechCentralTechCentral
    Home » Opinion » Alistair Fairweather » Facebook’s Oculus deal is not all bad

    Facebook’s Oculus deal is not all bad

    By Alistair Fairweather31 March 2014
    Twitter LinkedIn Facebook WhatsApp Email Telegram Copy Link
    News Alerts
    WhatsApp

    Alistair-Fairweather-180-profileThe story of Oculus VR is the kind of garage-to-greatness story that geeks usually love. A passionate, self-taught tinkerer barely out of his teens revives a dead technology and two years later, Facebook buys his company for US$2bn. So, why are many of the company’s earliest backers so angry?

    Oculus VR makes virtual reality headsets, aimed primarily at hardcore gamers. Or more strictly, Oculus VR will make these headsets. At the moment the company only produces “developer kit” versions of its devices, intended to allow game developers to create the virtual realities that these headsets will display.

    By the turn of the century, virtual reality (VR) technology had essentially been abandoned. Several costly and embarrassing failures had made hardware companies wary of the whole field. But gamers around the world still longed for the kind of immersive experience promised to them by movies like The Matrix.

    So, when a 21-year-old electronics savant teamed up with one of the inventors of 3D gaming to finally make VR happen, gamers were understandably excited. Palmer Luckey had the audacious idea and the knack for design, and John Carmack (creator of Quake, the world’s first truly 3D game) had the software know-how.

    Instead of convincing the skittish hardware companies to give VR another try, they decided to use Kickstarter, a crowd-funding service, to raise the seed capital needed to develop their idea. They hoped to raise $250 000 in 30 days — they did it in two hours. By the end of the campaign, they had raised nearly 10 times their initial target.

    But many of these same ardent supporters are now enraged by what they see as the company selling out to the enemy. Forums and blogs are filled with dismayed predictions of Facebook ads popping up in the middle of games and rampant invasion of privacy.

    To these purists, Oculus VR has betrayed both its original purpose and the purpose of Kickstarter projects in general. Some of them are even demanding a share of the Facebook money, reasoning that they count as “early investors”. Many just want their pledge money refunded.

    While this ire is predictable and even understandable, it’s also quite naive. Independence is wonderful in theory but difficult in practice. It’s been nearly two years since the original Kickstarter project and there’s still no official launch date for the consumer version. And that’s despite raising another $90m from top venture capital firms like Andreessen Horowitz.

    The problem is that hardware businesses do not scale as easily as software businesses. There is no cloud for hardware. You have to deal with inconvenient things like supply chains and component manufacturers. There’s a reason that companies such as Apple and Samsung spend billions on research and development — hardware costs serious money to get right.

    Oculus-VR-user-640
    A person tests Oculus VR’s development kit (image: Sergey Galyonkin)

    I’ll agree that Facebook might not be the ideal fit for Oculus. The complete absence of hardware in the company’s DNA and its reliance on data mining will scare some partners away. Already Markus Persson, creator of the popular game Minecraft, has pulled out of a deal saying that Facebook “creeps me out”.

    But Oculus could have done a lot worse. This huge injection of capital will allow it to bring VR to the world a lot faster and more affordably than before. It will give Oculus access to Facebook’s enormous marketing clout to get the headset in front of many more gamers than would otherwise have been possible. And the deal gives Oculus the scope to explore possibilities beyond gaming — everything from virtual tourism to virtual concert attendance.

    In one sense, the Kickstarter project did exactly do what it was supposed to do: it got Oculus noticed by the venture capitalists, which in turn got it noticed by Facebook. As a result, millions of gamers will finally be able to experience virtual reality in their own homes, and a whole new industry might spring out of the technology. If Oculus has to trample a few unrealistic standards along the way, so be it.  — (c) 2014 Mail & Guardian

    • Alistair Fairweather is chief technology officer at the Mail & Guardian
    • Visit the Mail & Guardian Online, the smart news source
    Follow TechCentral on Google News Add TechCentral as your preferred source on Google


    Alistair Fairweather Facebook John Carmack Kickstarter Oculus VR Quake
    WhatsApp YouTube
    Share. Facebook Twitter LinkedIn WhatsApp Telegram Email Copy Link
    Previous ArticleJSE probes Times Media trades
    Next Article MTN seeks to claw back users

    Related Posts

    Jury finds Meta enabled child exploitation

    Jury finds Meta enabled child exploitation

    25 March 2026
    Australia has banned kids from social media. Should South Africa follow suit?

    Australia has banned kids from social media. Should South Africa follow suit?

    11 December 2025
    social media

    Australia fires starting gun on global social media reform

    10 December 2025
    Company News
    MTN Pi and the rise of the control-first consumer - Ernst Fonternel, chief consumer officer at MTN South Africa

    Pi by MTN and the rise of the control-first consumer

    29 June 2026

    Why telecoms resellers are being priced out

    29 June 2026
    Kaspersky's blueprint for industrial cyber resilience

    Kaspersky’s blueprint for industrial cyber resilience

    25 June 2026
    Opinion
    The pivot South Africa's MVNOs cannot afford to miss

    The pivot South Africa’s MVNOs cannot afford to miss

    23 June 2026
    Brazil's online gambling crackdown is a lesson for South Africa

    Brazil’s online gambling crackdown is a lesson for South Africa

    22 June 2026
    Finish the job Mandela started - Farzam Ehsani

    Finish the job Mandela started

    18 June 2026

    Subscribe to Updates

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    Latest Posts
    Icasa's blunt message to Starlink and other satellite operators

    Icasa’s blunt message to Starlink and other satellite operators

    29 June 2026
    Massive restructuring at former Showmax shareholder - Comcast, NBCUniversal

    Massive restructuring at former Showmax shareholder

    29 June 2026
    Morocco overtakes South Africa as Africa's top industrial power

    Morocco overtakes South Africa as Africa’s top industrial power

    29 June 2026
    Prosus CEO Bloisi's $100-million moonshot is slipping away - Fabricio Bloisi

    Prosus CEO Bloisi’s $100-million moonshot is slipping away

    29 June 2026
    © 2009 - 2026 NewsCentral Media
    Built and maintained by Chronon
    • Cookie policy (ZA)
    • TechCentral – privacy and Popia

    Type above and press Enter to search. Press Esc to cancel.

    Manage consent

    TechCentral uses cookies to enhance its offerings. Consenting to these technologies allows us to serve you better. Not consenting or withdrawing consent may adversely affect certain features and functions of the website.

    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}