Six Flags St. Louis, in partnership with Samsung Electronics America, is opening its first virtual reality roller coaster on May 29. Riders on the coasters...

Facebook has reached a definitive agreement to acquire immersive virtual reality technology company Oculus VR, for roughly $2 billion. The transaction is expected to close in...

Oculus is shipping DK2, the second development kit for its prototype virtual reality headset, Oculus Rift. DK2 is not the Holodeck yet, but it’s a major step in the right direction, says the company.

Oculus VR has raised a $75 million Series B round of funding led by Andreessen Horowitz. Existing investors Spark Capital, Matrix Partners, and Formation 8 also participated in the round.

Game programmer John Carmack is joining the Oculus VR team as chief technology officer. Mr. Carmack will be working from a new office in Dallas...