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Facebook Cuts Price Of Oculus To Match Rivals

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Facebook's virtual reality company, Oculus, is slashing the price of its hardware temporarily, as the industry continues to figure out why immersive games and stories aren't taking off with consumers. For six weeks, Oculus is cutting the price of its Rift headset and Touch controllers to $399. This move will help the company compete with another virtual reality set, PlayStation VR made by Sony.

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