Facebook's VR venture has been a debacle so far...

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Weekend Roundup Facebook's Virtual Reality Debacle Facebook acquired virtual reality company Oculus for $2 billion in 2014. The purchase brought with it the promise of taking technology into the next era. But now, Oculus CEO Palmer Luckey is on his way out, as the company has made headlines for all the wrong reasons, such as accusations that it stole the technology upon which it based its product. Facebook had to pay $500 million in legal costs as a result, and the entire Oculus era has been a fiasco so far. Business Insider's Sam Shead and Alex Heath have the full story. Research In Focus The eSports Ecosystem The BI Intelligence report on the eSports ecosystem dissects the growing market for competitive gaming. This comprehensive, industry-defining report contains more than 30 charts and figures that forecast audience growth, average revenue per user, and revenue growth. Learn More »   The Blockchain in Banking Report In this report, BI Intelligence outlines why and in what ways banks are exploring blockchain technology, provides details on three major banks' blockchain efforts based on in-depth interviews, and highlights other notable blockchain-based experiments underway by global banks. It also discusses the likely trends that will emerge in the technology over the next several years, and the factors that will be critical to the success of banks implementing blockchain-based solutions. Learn More »   The Future of TV Slide Deck In the Future of TV 2017 slide deck, BI Intelligence explores how the TV industry is evolving in the digital environment. This presentation contains more than 35 slides that outline the future of television. Learn More » Briefing Highlights Facebook Forays Into Header Bidding Facebook has confirmed the integration of header bidding technology with six ad tech companies. Read More »   Wells Fargo Rolls Out Card-Free ATMs Wells Fargo is rolling out a smartphone ATM withdrawal feature, which lets customers access the machines without their cards. Read More »   Amazon Gives Prime Air Public Demo At its robotics conference in California, Amazon demonstrated its Prime Air drone delivery system. Read More »   Flipkart in Talks to Buy eBay India Flipkart is reportedly in talks to acquire eBay's India business to bolster its market-leading position in the country's e-commerce sector as it faces new competition from Amazon and potentially Alibaba. Read More »   US Jobs Threatened by Automation Thirty-eight percent of all jobs based in the US could be automated in the next 15 years, according to a recent study from PricewaterhouseCoopers (PwC) — the highest percentage of all the countries analyzed in the study. Read More »   Amazon Go Opening Delayed Amazon is postponing the opening of its Amazon Go convenience store because of technical issues. Read More »   Chatbot Revenue is on the Upswing [24]7, a company that develops chatbots for messaging apps and web sites, is expecting a significant uptick in revenue over the next 12 months. Read More »   Ikea Moves Into The Smart Home Space Ikea is joining the smart home market with a line of connected lights. Read More »   Airbnb CEO Speaks on Disrupting Hotel Industry In an extensive interview with Fortune, Airbnb founder and CEO Brian Chesky recently discussed the company's competition with traditional hotels, and its future expansion and IPO plans. Read More »   American Express Raises Platinum Bonus American Express has upped the signup bonus for its premium Platinum card from 40,000 to 60,000 points, in what is widely seen as an attempt to one-up its competitor JPMorgan Chase's Sapphire Reserve card. Read More » Charts of the Week Younger people are less interested in sports than older generations Last-mile delivery makes up more than half of delivery costs ATMs are driving skyrocketing debit fraud Become a Member You can gain access to everything BI Intelligence produces - ALL of our extensive research reports, newsletters, and data - when you claim your BI Intelligence ALL-ACCESS pass. With this level of membership, you will gain immediate access to… ALL Existing Reports Our research reports have taken thousands of hours to research, analyze and compile. With over 100 reports in our archive there is something for everyone with immediate profit-driving idea potential. Packed with data, insight and analysis the research helps you understand your chosen subject area in fresh new ways. Actionable New Reports You'll receive around 6 new reports each month on topics that matter to you, delivered electronically the instant they're finalized for as long as you're a subscriber. 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