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Facebook Inc will acquire two-year-old Oculus VR Inc, a maker of virtual-reality glasses for gaming, for US$2bil (RM6.6bil), buying its way into the fast-growing wearable devices arena with its first-ever hardware deal.
News of Facebook's acquisition of Oculus VR, maker of the Oculus Rift virtual reality headset, is not being greeted as good news by gamers or developers.
When French film actress Brigitte Bardot began a campaign to spare the thousands of stray dogs in Romania's capital from being put down, she did it with a US$150,000 (RM485,550) donation scheme.
The founders of Chinese internet company Alibaba Group Holding Ltd have set up a charitable trust focusing on the environment and health that could be worth as much as US$3bil (RM9.8bil), making it one of the biggest in Asia.