Facebook paid $2 billion to get into the virtual reality business. Google managed it with a couple magnets and some cardboard.
Google (GOOGL, Tech30) revealed a number of big updates to its Android software at its annual developer conference on Wednesday, but the project that generated the most smiles among those in attendance was a set of cardboard goggles that work with Android phones to create a basic virtual reality experience.
Google's cardboard virtual-reality goggles - Jun. 25, 2014
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