Facebook reportedly preparing to unveil $200 standalone Oculus VR headset in 2018

Facebook chief Mark Zuckerberg uses a small drone and an Oculus Rift virtual reality headset during a keynote presentation at the social network's annual developers gathering in San Francisco

At $599 and $799, respectively, however, the headsets were too pricey for all but the most hardcore VR hobbyists.

Facebook did not immediately respond to a request to confirm the reports.

This we already knew. Expect to see a push from various channels where they deliver news and skits in VR rather than in a studio in front of a camera.

However, according to a new report, Oculus is looking to drive the price down even further in the future and provide a "cord-free" VR experience.

With Oculus Rift recently dropping their price, this is great timing and if you're someone who couldn't help but hit the buy button this week, Facebook Spaces is definitely one of the first experiences you should try out.

People familiar with Facebook's plans tell Bloomberg that the social media company is planning to unveil a cheaper, wireless Oculus VR headset before the end of the year. The device will reportedly be pitched at a more palatable price than the Oculus Rift - $200 (about £150, AU$260) - with the launch slated for next year.

Facebook is allowing users of its virtual reality (VR) social hangout feature Facebook Spaces to broadcast through its Facebook Live video streaming feature, per Variety.

According to insiders who got chatty with Bloomberg, Facebook's new offering would sell for as little as $200.

In May, Oculus shut the doors of its Story Studio, two years after it launched at the Sundance Film Festival, to focus on external content makers. The latest Gear VR weighs just 11.4 ounces, though the Samsung phones used to power the display and tracking add a few more ounces to the weight.

As far as breaching the mainstream, VR is still very much in its infancy. They're untethered, standalone, mobile VR headsets.

There is a price slash this time from Facebook on Oculus Rift. It will also come with a remote control to navigate the user interface.

It's also possible that Oculus has gone a bit rogue, eschewing the standalone Daydream reference design in favor of its own version of a standalone Snapdragon-based VR HMD.

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