After word broke that virtual reality pioneer Oculus will be bought by Facebook for $2 billion, enthusiasts responded negatively, questioning the merits of the deal and future of the Rift headset. That led the co-founder of Oculus to take to the Internet to defend the sale, in which he argued Facebook is a better landing spot for the company than Apple or Microsoft.






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In its annual review of the media industry in the United States — which it published online early Wednesday morning — the Pew Research Center says the news business looks somewhat healthier than it has in past years, thanks in part to an influx of new investors and new jobs being offered by rapidly-growing digital-native entities like Vox and First Look Media. However, the report notes that traditional players still make up the bulk of the industry and that as a whole the industry continues to shrink rapidly, both in jobs and revenue.

In the preamble to the report, which runs to more than 150 pages, the Pew Center says that 2013 and early 2014 brought “a level of energy to the news industry not seen for a long time.” The authors added that some of the new players who have emerged and/or broadened their ambitions — such as BuzzFeed, which now has a news staff of 170, or First Look with its $250-million budget from eBay founder Pierre Omidyar — have “created a new sense of optimism, or perhaps hope, for the future of American journalism.”

“The level of new activity this past year is creating a perception that something important, perhaps even game-changing, is going on. If the developments in 2013 are at this point only a drop in the bucket, it feels like a heavier drop than most. The momentum behind them is real, if the full impact on citizens and our news system remains unclear.”

Tentative signs of optimism are appearing

“New players are boosting reporting power, technological talent and financial resources going into news, creating a level of energy not felt for a long time,” Amy Mitchell, Pew Research Center's Director of Journalism Research, said in a statement about the report. “The momentum is real, but it remains to be seen whether these new ventures will flourish and extend to the variety of ways in which the public consumes news and information.”

In the first-ever accounting of jobs created by new digital companies — a number based on surveys and public information — Pew said that about 5,000 full-time jobs had been created at nearly 500 digital news outlets. However, it also added that the “vast majority of bodies producing original reporting still lie within the newspaper industry,” and full-time employment in the industry fell by another 6.4 percent in 2012, with more losses expected in 2013.

“Thirty of the largest digital-only news organizations account for about 3,000 jobs and one area of investment is global coverage. Vice Media has 35 overseas bureaus; The Huffington Post hopes to grow to 15 countries from 11 this year; BuzzFeed hired a foreign editor to oversee its expansion into places like Mumbai, Mexico City, Berlin and Tokyo.”

While the money that has been injected into the industry — whether by venture capitalists funding companies like Vox Media or by philanthropists such as Omidyar — is a welcome addition to the pie, the Pew report notes that it still amounts to “only -- For more information read the original article here.

Just imagine the experience of a lifetime: Jumping from low Earth orbit, your world turns into fire as the acceleration increases...

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Looks like NASA wants to add more zing to its futuristic Z-series spacesuits, because the agency just revealed three far-out outer shell designs for the newest prototype. The new model (called the Z-2) is a follow-up to NASA's Buzz Lightyear-esque... -- For more information read the original article here.
Keeping a steady hand when snapping panoramic pictures is a valuable skill, but NASA's upstaged your photographic prowess with something a tad more impressive. Using over 2 million infrared pictures shot with the Spitzer Space Telescope over the... -- For more information read the original article here.
G-Shocks are back -- again. Ready for Swiss timepiece showcase BaselWorld, Casio has announced two new analog concept watches with a little extra soupçon of tech crammed in. The designs still lean towards those looking for a classically-styled (at... -- For more information read the original article here.
Android has a lot of market share, but it doesn't have a big footprint in the corporate world; outside of special efforts like Samsung's Knox, the OS isn't well-suited to business demands. All that may change in the near future, though, as The... -- For more information read the original article here.

Today Facebook open-sourced Tweaks, an application framework that lets iOS developers test changes to an app in real time, simply by using an iDevice, 9to5Mac reported. Incorporating Tweaks into an app provides a new settings menu by which developers can change parameters that affect how the app looks and feels—as it's running on an iDevice.

Changing such parameters usually requires a developer to "recompile" an app, which can be time-consuming for repeated testing of different combinations. Some of the adjustments developers can make affect animation timings, colors and motion speed.

Facebook says it relied on Tweaks while building Paper, Facebook's news reader application. You can find Tweaks on Github.

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Intel has acquired Basis Science, the maker of a line of health and wellness bands, the technology giant announced Tuesday.

The chipmaker's interest in wearable tech is well known; in fact, the category featured heavily in a presentation Intel CEO Brian Krzanich made at the Consumer Electronics Show in January.

See Also: Why Intel Shouldn't Get Into The Fitness-Tracker Business

For now, Basis will continue to sell and develop its bands that track heart rate, sleep, and activity while supporting Intel's future ambitions in the business. Hopefully, that means Basis's promising software will join forces with Intel's other initiatives to create something new, rather than Intel merely selling a promising but underwhelming first-generation product.

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Following up the announcement that it's acquiring Oculus VR for around $2 billion, Facebook also shared some numbers about its growth, because why not? On the acquisition conference call, CEO Mark Zuckerberg revealed that as of last week, Facebook has 1 billion monthly active users on mobile. That's up from 945 million as of the end of its most recent quarter. Read More
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