Gadgetory

it's faceboook on your face I'm Jeff Bakalar filling in for Bridget Carey this is your cnet active so what did facebook by this week you're not going to believe it when I tell you but the company acquired oculus makers of the virtual reality prototype the oculus rift that's right Facebook just spent two billion dollars on an 18 month old company that sells absolutely nothing and has never made a dime so why do they buy it are they just trying to make those Instagram guys feel even worse all right as much fun as it is to laugh at the situation it actually opens up a huge discussion just what exactly Facebook is going to do with the VR company after the news went public Mark Zuckerberg said that Facebook plans to extend the rifts applications beyond just gaming which in my opinion is probably the best use for the rift out of the gate I've actually tried out a few times and while it's very cool in a gaming environment I'd much rather use it to do things i'll never do like visit the top of Mount Everest or fly over the Grand Canyon Zuckerberg also said that while mobile is the platform of today this acquisition prepares them for platforms of the future Wow well all I can say is if you haven't already read ready player one now is the time xbox one owners will be excited to hear that a few new streaming apps are making their way to the platform just in time for opening day MLB TV will offer live HD out-of-market games delivered right to your xbox one though of course you'll need an xbox live gold account and an MLB TV subscription also on the list of apps is epics which is a cable TV premium network which mostly offers on-demand movies just over a year after they announced 100 million users photo-sharing service Instagram says 200 million people now use the app to post photos of their food make friends jealous of their vacations and through the use of filters ensure will be confusing future generations as to just when in time all of these photos were actually taken sure the HTC One m8 made big headlines yesterday but one of the coolest features of the new phone mostly went under the radar available exclusively for the m8 is what HTC is calling a dot view protective case which actually sits on top of the phone screen and allows light to pass through a perforated front in action it gives off a very cool sort of retro dot-matrix effect and displays information like the volume time weather and even caller ID that case is going to set you back fifty dollars and that's your cnet news update head on over to cnet.com for more details on these stories and be sure to follow me on twitter from our Studios here in New York Jeff Bakalar