- Facebook's (NASDAQ:FB) Oculus and Samsung Electronics (OTC:SSNLF) have unveiled a new version of Gear VR for $99, saying the virtual reality headset would ship in time for Black Friday.
- The new device is 22% lighter and will work with all of Samsung's 2015 line of smartphones, in contrast to the highly anticipated Oculus Rift, which will need to be wired to an expensive gaming computer.
- Users will additionally be able to cast 360-degree videos from Facebook's newsfeed into the Gear VR, and Netflix, Vimeo and Hulu support is also on the way.