Oculus VR has created a virtual reality technology , currently at the prototype stage . Google bought the company in March for over $ 1 billion . David Iribe , Google VR 's CEO , says a full version is still ` ` many months '' away . `` Computers and smartphones do not offer a very social experience , '' said Iribe . The technology could change the way we communicate , say its creators .
Oculus VR has created a virtual reality technology , currently at the prototype stage . Google bought the company in March for over $ 1 billion . David Iribe , Google VR 's CEO , says a full version is still ` ` many months '' away . The technology could change the way we communicate , say its creators .