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March 26, 2014 AT 4:20 AM
You probably visit Facebook daily to chat with friends, keep up with the news and catch up on cat videos, and thanks to the social giant's latest acquisition, you may some day do it all in virtual reality. Facebook has bought out virtual reality headset maker Oculus VR for roughly $2 billion, taking ownership of the California-based company behind the popular Oculus Rift headset.