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

8 hours ago - World

China-Iran deal envisions massive investments from Beijing

Illustration: Aïda Amer/Axios

China and Iran have negotiated a deal that would see massive investments flow into Iran, oil flow out, and collaboration increase on defense and intelligence.

Why it matters: If the proposals become reality, Chinese cash, telecom infrastructure, railways and ports could offer new life to Iran’s sanctions-choked economy — or, critics fear, leave it inescapably beholden to Beijing.

Updated 9 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 7 p.m. ET: 13,048,249 — Total deaths: 571,685 — Total recoveries — 7,215,865Map.
  2. U.S.: Total confirmed cases as of 7 p.m. ET: 3,353,348— Total deaths: 135,524 — Total recoveries: 1,031,856 — Total tested: 40,282,176Map.
  3. World: WHO head: There will be no return to the "old normal" for foreseeable future — Hong Kong Disneyland closing due to surge.
  4. States: Houston mayor calls for two-week shutdownCalifornia orders sweeping rollback of open businesses — Cuomo says New York will use formula to determine if reopening schools is safe.
  5. Education: Los Angeles schools' move to online learning could be a nationwide tipping point.

House Judiciary Committee releases transcript of Geoffrey Berman testimony

Geoffrey Berman. Photo: Alex Wong/Getty Images

The House Judiciary Committee on Monday released the transcript of its closed-door interview with Geoffrey Berman, the former top federal prosecutor in Manhattan who was forced out by Attorney General Bill Barr last month.

Why it matters: House Democrats have seized on Berman's testimony, in which he claimed the attorney general sought to "entice" him into resigning so that he could be replaced by SEC chairman Jay Clayton, to bolster allegations that the Justice Department has been politicized under Barr.