Facebook’s Oculus Purchase Draws Flak, Cancelled Projects
Speculations of the purchase of virtual reality startup Oculus VR was not a surprise; as for many, it was simply a question of when it will be bought. The shock factor for Internet users, however, comes from who purchased the company, as news of Facebook’s acquisition of the firm came out of nowhere.
‘Facebook is scary’
Gaming news site Kotaku broke the news of the deal in a tone different than usual, saying: “Facebook has just announced that it’s buying Oculus Rift for $2 billion. Seriously.”
Reddit users weren’t as friendly as Kotaku, as many have expressed rage and frustration at how what was heralded as the future of gaming would simply give in to a $2 billion deal.
Joshua Topolsky of The Verge also commented on the issue.
“As a service, Facebook is inspiring, as a platform, Facebook is scary. The company now controls one of the most exciting technologies of the past fifty years. A truly revolutionary product that has reignited a dream that many felt was all but dead and gone. What it will do with that technology is the only question that remains,” he wrote.
Many game developers also cancelled their efforts in making games after the deal.
The most notable one is Markus “Notch” Persson, the person behind the block building game Minecraft.
“We were in talks about maybe bringing a version of Minecraft to Oculus. I just cancelled that deal. Facebook creeps me out,” he tweeted.
Oculus started as a crowdfunding project on website Kickstarter. It gained the support of the gaming community and even giant companies like Valve.
Rolling Stones Reschedules Gigs Later In The Year
Concerts of the Rolling Stones in Australia and New Zealand have been rescheduled to later this year, after the death of fashion designer L’Wren Scott, Mick Jagger’s girlfriend.
Shocking, tragic death
The frontman’s partner was found dead in her Manhattan apartment. Her death has been ruled as suicide by hanging, New York City officials confirmed.
Scott’s body was found in her apartment by her assistant.
After the confirmation, Mick said he failed “to understand how my lover and best friend could end her life in this tragic way.”
Frontier Touring published a statement saying “every effort” was being made to schedule the concerts to October and November.
Ticket holders are asked to hold on to their tickets until a further update. If any new dates are not suitable, a full refund will be given.
The band said they were “deeply sorry and disappointed” to cancel all the gigs
NY Knicks Officially Announces Phil Jackson As President
Phil Jackson has been formally introduced as the New York Knicks’ team president in the lobby of Madison Square Garden.
‘The best place to play’
A giant sign showed a picture of Jackson in his new Knicks uniform,and the poster reads “Welcome Home Phil.”
With that, it has become official that Jackson has returned to the organization.
“This is the best place to play basketball,” Jackson said, who was officially announced as the team’s president at a news conference.
He confirmed that his contract is for five years and that he will spend a significant amount of time in New York.
Jackson to have autonomy
This will be Jackson’s first time as an executive, and the team says he will be in charge of all decisions.
He will run and oversee all basketball operations and report to Madison Square Garden chairman James Dolan.
Dolan said he is “willingly and gratefully” stepping back to give Jackson the power to make decisions and changes the franchise needs.
Oprah Decides To Sell ‘The Oprah Winfrey Show’ Longtime Home
Oprah Winfrey is selling Harpo Studios to Chicago Developer in a sale-leaseback deal that would keep the studio at the site for the next two years.
Now signing off
“We have entered into a purchasing agreement with Sterling Bay for the four-building Harpo Studios campus in Chicago’s West Loop,” Harpo said in a statement. “We expect the transaction to be closed in 30 days. The property will be leased back to Harpo for two years and the studio will continue to produce programming for OWN.”
The decision to sell the campus comes close after Winfrey signed off from her talk show in favor of launching the Los-Angeles based Oprah Winfrey Network (OWN).
End of an era
Since the talk show finished, Harpo has continued to have a presence at the campus, with workers producing content for OWN.
Winfrey filmed the “The Oprah Winfrey Show” at the studio from 1990 to 2011.
In 2011, previous Chicago Mayor Richard Daley decided to name the street outside Harpo Studios “Oprah Winfrey Way.”
Broncos Sign Talib To Six-Year, $57 Million Deal
Toppled by the league’s best secondary, the Denver Broncos made a crucial step in the first day of the free agency to establish their defensive backfield to a somewhat similar model.
Broncos signed former Cleveland Browns safety T.J. Ward to a four-year, $23 million deal, with $14 million guaranteed. As an added measure, they also made a bigger splash by signing former New England Patriots and Tampa Bay Buccaneers cornerback Aqib Talib to a six-year, $57 million deal with $26 million guaranteed.
A Big Spending
It’s a significant amount for someone who’s never played 16 games in a season, as Talib was selected in the first round of the 2008 draft out of Kansas. He also had league suspensions before he played well for the Patriots.
Aqib Talib had been given a four-game suspension the month before a violation of the NFL’s rule on performance-improving substances.
In Other Denver News
The Broncos ended discussions with ex-cornerback Dominque Rodgers-Cromartie, also a free agent. This means that Chris Harris will likely be lined up opposite Talib.
Burger King Aims To Boost Health Portfolio Through ‘Satisfries’
Fast food giant Burger King aspires to gain reputation in serving healthy grub by tying up with ketchup brand Heinz. The collaboration sees the launch of Satisfries, which contains low calories.
The launch of the product marks the first promotion in the UK between the two food brands, which are both in the portfolio of business magnate Warren Buffet and 3G Capital. Satisfries debuted last year in the U.S with marketing messages claiming that the food contains 30% less fat than leading competitors’. To complement the campaign, Heinz initiated a PR effort to promote its very own ketchup with reduced salt and sugar.
The Same Principles
Lucy Clark, the senior brand manager of Heinz in Europe, says the move aspires to stress that both brands commit themselves to offering healthier food alternatives. Both brands are signatories to a responsibility deal that aims to reduce obesity rates in the UK.
Where The Rich Live
The world is under the impression that the wealthiest of all the people live in America. But the world is so big to make this conclusion absolute. Below are some countries with the wealthiest people.
After the recent economic downturn in most parts of Europe, Germany remains one of the countries with the highest number of rich people. The wealth of rich Germans depend on building their career for the long-term and the way they save money.
China has many self-made millionaires who have leveraged the export industries, manufacturing, and financial services. Wealth came to be due to the strong relationship between businesses and the government.
Japan has a large number of ultra-high-net-worth individuals. Wealth depends on the stock market returns and staying away from equity investments.
Over the centuries, Brits have been one of the richest races in the world due to massive colonialism. Banking and financial services are among the sources of the richest Brits.