Best Buy poised to be virtual reality's first mainstream test
New York
BEST Buy Co chief executive officer Hubert Joly was sold on virtual reality (VR) after he was almost eaten by a shark in an experience he called "mind-boggling". Now, he's betting the masses will be enthralled with the technology too.
In what's seen as the first mainstream test of VR products, Best Buy began rolling out demonstrations for Facebook Inc's Oculus Rift headsets in May and will have them in 500 stores for the holiday-shopping season.
TRENDING NOW
DBS, OCBC, UOB rout lops billions off STI as inflation, rate concerns spook investors
Grab CEO’s wife Chloe Tong on life with Anthony Tan and finding her purpose
OCBC sheds S$8 billion in value as shares close nearly 6% down; analysts cautious on banks
Deal between tycoon friends sparks scrutiny of Philippine power sector