Facebook Buys Virtual Reality Gaming Startup Oculus For $2 Billion, Prada Creates Bespoke Shoe Service, Eres Partners With Net-a-Porter, Instagram Testing Facebook Places Integration To Replace Foursquare

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1. Facebook Buys Oculus, Virtual Reality Gaming Startup, For $2 Billion

“Mobile is the platform of today, and now we’re also getting ready for the platforms of tomorrow,” Zuckerberg said in a statement. “Oculus has the chance to create the most social platform ever, and change the way we work, play and communicate.”

2. Prada Creates Bespoke Shoe Service

Luxury brand Prada is offering a bespoke service at its London store for two days with their ‘Made to Order Décolleté’ collection.

3. Eres Partners With Net-a-Porter

Starting Friday, the Eres spring collection will be available for worldwide purchase via Net-a-Porter. The brand has entered into a partnership with the luxury e-tailer because “they cater to luxury customers, are a major player on the Internet, and the way they treat the brands is quite up to the level of Eres.”

4. Instagram Testing Facebook Places Integration To Replace Foursquare

Instagram is testing location tagging using Facebook Places rather than Foursquare, possibly “to determine whether Foursquare’s API actually lives up to its hype, or whether its value can be duplicated by a larger competitor.”