"Oculus' standalone VR, Musk sued by SEC"
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Oculus' standalone VR, Musk sued by SEC
This is CNET, and here are the stories that matter this week.
Oculus introduced a standalone VR headset called the Oculus Quest.
It will arrive next spring for $400.
While it's a standalone device, it adds full-room tracking and PC-like motion controls but without the need for an actual PC.
The Quest has 64 gigs of onboard storage and will play 50 games at launch.
For more on the Oculus announcements, check out CNET's coverage.
CEO Kevin Systrom and CTO Mike Krieger, the co-founders of Instagram, are leaving parent company Facebook.
Their resignations come during a time of heightened tensions surrounding social media in general.
That there's no evidence this is the caused of their departures.
Facebook bought Instagram for $1 billion, 6 years ago.
Finally, the US Securities and Exchange Commission has sued Elon Musk for security fraud.
The US SEC says Musk mislead investors with the number of Tweets that said he had funding lined up to take his car company Tesla private.
The commission is asking for a number of things including a bar prohibiting Musk from serving as an officer or director of a public company.
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