Facebook Spaces - Zuckerberg's $2bn Oculus buy finally pays off

Elizabeth Williams
April 23, 2017

Facebook's version seems to be aiming for a more personal experience.

Facebook also launched its AR Studio developer platform, and with that launch, Wells Fargo analyst Peter Stabler said in a note dated April 19 that he now expects the company's augmented reality offerings to suddenly accelerate.

"If you take one thing away from today, this is it: we are making the camera the first augmented reality platform", said Zuckerberg in his F8 keynote.

One way that Facebook's new AR platform will come to life is by allowing developers to layer information cards digitally onto real life objects. Dozens of AR-powered effects, like masks and frames, will be available within the Facebook app's camera.

This app will let you meet your friends in a virtual space, or as this video shows, even allow you to show off your incredibly tiny apartment in VR.

Facebook is now running a closed beta test of the AR Studio platform. This makes your avatar in the VR space still very much you, and your experience with other people's avatars could still be very real as you immerse in the technology that combines physicality and socialization.

Trump signs executive orders on financial regulations
The administration is working to open up lending to small businesses and entrepreneurs, including women entrepreneurs, he said. The president sais the package will be released on "Wednesday or shortly thereafter" - just before his 100 day mark in office.

Russell Westbrook on his way to triple-double
Harden said it wasn't those miscues, but the Rockets' slow start in the face of an early Thunder blitz, that determined the game. Oklahoma City Thunder guard Russell Westbrook shot 18 shots in the fourth quarter of Game 2 against the Houston Rockets.

U.S. considers restoring North Korea to terror sponsor list
China expresses serious concern with recent trends about North Korea's nuclear and missile development. The move comes at a time when tensions on the Korean peninsula are higher.

Mark Zuckerberg also presented another interesting part of Facebook's augmented reality plan.

React VR isn't going to let you build the most immersive and compelling VR apps yet seen; it's created to accommodate experiences that will offer a seamless experience without the need for downloading any additional data.

For a company that began as a way for college students to see pictures of each other, Facebook's move toward augmented reality represents another step in its long evolution.

The company's Facebook Spaces, which launched in beta Tuesday, uses Oculus headsets to let up to four people hang out around a virtual table.

Facebook is also rolling out new features and applications for businesses that use its bot technologies or its Workplace collaborative platform.

Zuckerberg, speaking at the San Jose Convention Center, insisted the initiatives are all being pursued on behalf of Facebook's "next focus - building community". That's why he has announced a push into Augmented Reality (AR) and Facebook may soon start experimenting on a mix of real and digital worlds, just like the hit smartphone game.

Other reports by VgToday

Discuss This Article

FOLLOW OUR NEWSPAPER