trending Market Intelligence /marketintelligence/en/news-insights/trending/IsTMOikxaFQ6YkTgaEncJA2 content esgSubNav
In This List

Former Xiaomi exec Barra joins Facebook as VR head

Blog

Japan M&A By the Numbers: Q1 2022

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Blog

Global M&A by the Numbers: Q2 2022

Blog

Research Brokers Accelerate Their Coverage of Electric Vehicles


Former Xiaomi exec Barra joins Facebook as VR head

Former Xiaomi Inc. global Vice President Hugo Barra is joining Facebook Inc. to lead its virtual reality efforts, including the Oculus VR Inc. team, Chairman and CEO Mark Zuckerberg said in a Facebook post.

Barra, who stepped down from the Chinese smartphone maker just days ago, will serve as vice president of virtual reality at the social networking giant, Bloomberg News reported Jan. 25. He is expected to help popularize the Oculus Rift and Gear VR headsets, among other tasks.

Facebook acquired Oculus for $2 billion in 2014.