Facebook Acquires Eye Tribe for Oculus Eye-Tracking Software

Facebook Acquires Eye Tribe for Oculus Eye-Tracking Software

Foto: Fotolia

Facebook’s Oculus has acquired The Eye Tribe, a company that tracks eye movement in virtual reality to improve the experience, according to Bloomberg. Oculus confirmed the acquisition of the Copenhagen-based startup, without stating a price. Eye Tribe is the latest in a series of tech acquisitions in 2016 for Oculus.

Facebook is especially interested in eye tracking because the company wants to take the lead in social interactions in VR. The ability to follow eye movement makes it easier to understand people’s expressions and let them communicate effectively with each other in a virtual world.  Facebook CEO Mark Zuckerberg is interested in helping people watch basketball games together, have board meetings, travel to foreign countries and take selfies in virtual reality.

Facebook isn’t alone in focusing on the importance of eye tracking to VR. Google acquired Eyefluence, another startup working on eye-tracking technology, in October. The search giant is investing in virtual reality as it aims to integrate its media services, like YouTube and its app store, into the nascent technology.

More from category

Xiaomi IPO Will Make 56 of Their Workers Millionaires

Xiaomi IPO Will Make 56 of Their Workers Millionaires

26 May 2018 comment

Eight years ago, before Xiaomi had sold a single smartphone, 56 of the earliest employees pulled together $11 million to invest in the startup, according to Bloomberg.

Amazon Criticized by Civil Rights Group Over Facial Recognition

Amazon Criticized by Civil Rights Group Over Facial Recognition

26 May 2018 comment

Amazon drew the ire of the American Civil Liberties Union over a facial-recognition system offered to law-enforcement agencies, according to Bloomberg.

Bitcoin Manipulation Said to Be Focus of U.S. Criminal Probe

Bitcoin Manipulation Said to Be Focus of U.S. Criminal Probe

25 May 2018 comment

The U.S. Justice Department has opened a criminal probe into whether traders are manipulating the price of Bitcoin and other digital currencies, according to Bloomberg, citing people familiar with the matter.