Even without the lawsuit, the Oculus Rift appears to be collapsing

[Guest Jacob Siegal]

When Oculus first hit the scene back in 2012, everyone assumed that the Rift was going to be the king of the virtual reality revolution. Facebook buying Oculus to the tune of $2.3 billion in 2014 only reinforced that theory, but five years later, now that the Rift is finally available to consumers, it sits firmly at the bottom of the pack in terms of sales and Oculus is being sued into oblivion by gaming company ZeniMax.

 

But according to a report from Business Insider on Wednesday, the bad news doesn't end there.

 

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