VENTURE CAPITAL POST

Facebook acquired Masquerade to enhance its video features. On Wednesday, the largest social network bought MSQRD, giving its users ability to retouch their photo using playful and animated filters.

Owners of Samsung Gear VR can connect the headset to their Facebook accounts. Starting next week, users will be able to like and share 360-degree video from inside the VR headset.

HTC announced to bundle its virtual reality (VR) headset with painting application from Google on Monday last week. HTC have also open pre-order and will start shipment in early April.

Oculus just announced another exciting news to its users during the Oculus Connect conference in Hollywood. As users are eagerly waiting for the next Oculus rift to hit the market next year, the team announced that they are working with Netflix and Hulu to bring the network shows on virtual reality. Users can now bid goodbye to the day of holding their laptop as they are lying down on their bed watching "House of Cards" or "Orange is the New Black".

In a bid to revive its ailing licensing business, Finnish video game developer Rovio, the maker of hugely popular game "Angry Birds" - the number one paid mobile app of all time - on Monday said that the company will be partnering with Danish toymaker Lego to develop a line of Angry Birds themed construction toys.