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Facebook's Oculus Go. Photo: Oculus

At its annual conference focused on its Oculus virtual reality division, Facebook introduced its latest headset: Oculus Go. This is part of the company's ambitious goal of getting 1 billion people in virtual reality, as Facebook CEO Mark Zuckerberg said at the event.

The details: Starting at $199, the Oculus Go "is the most accessible VR experience ever," said Zuckerberg. It will begin to ship in 2018. Notably, it's binary compatible with Gear VR (the Oculus-based VR headset developed by Samsung), meaning that apps and content made for the Gear VR headset will also work with Oculus Go. Dev kits will begin to ship in November so that developers can get a start on creating apps for it. Here's more on the device.

More news:

  • The Rift headset and Touch hand controllers now permanently available for $399available for $399, down from $499.
  • Oculus for Business: $900 bundles will come with a Rift VR headset, a pair of Oculus Touch controllers, three spacial sensors, three "facial interfaces" (the foam part that makes the headset comfortable on the face), dedicated customer support, and expanded licenses and warranties.
  • Oculus Santa Cruz prototype: new hand controllers for the company's in-progress standalone VR headset.
  • Oculus Core 2.0 software update.0 software update will include Dash, the new control interface for users for easily picking and switching apps and settings, as well as new Home interface. The update will come in December.
  • New avatar software kit that will make avatars portable to other platforms.
  • New "safety" tools, starting with blocking and reporting features.
  • Explore API tool that will let Gear VR developers promote their apps and content in the Oculus Explore section of Home.
  • Live 360-degree video streaming of Facebook Spaces anywhere.

This story is developing so check back for updates.

Go deeper

Scoop: Trump tells confidants he plans to pardon Michael Flynn

Photo: Alex Wroblewski/Getty Images

President Trump has told confidants he plans to pardon his former national security adviser Michael Flynn, who pleaded guilty in December 2017 to lying to the FBI about his Russian contacts, two sources with direct knowledge of the discussions tell Axios.

Behind the scenes: Sources with direct knowledge of the discussions said Flynn will be part of a series of pardons that Trump issues between now and when he leaves office.

Erica Pandey, author of @Work
4 hours ago - World

Remote work shakes up geopolitics

Illustration: Eniola Odetunde/Axios

The global adoption of remote work may leave the rising powers in the East behind.

The big picture: Despite India's and China's economic might, these countries have far fewer remote jobs than the U.S. or Europe. That's affecting the emerging economies' resilience amid the pandemic.

Trump gives Biden access to presidential intelligence briefings

Photo: Mark Makela/Getty Images

The Trump White House on Tuesday gave President-elect Biden access to daily presidential intelligence briefings, a source familiar with the matter tells Axios.

Why it matters: Trump has refused to share the briefs until now, as he continues to challenge the result of the election and declines to concede. The president's acquiescence comes as another sign that the transition to a Biden administration is taking place.