While it would be nice to paint the rivalry between the Oculus Rift and Sony’s PlayStation VR (previously codenamed Project Morpheus) as a David and Goliath-style battle, the lines are actually a bit more blurred.

Oculus could have been the plucky underdog, but its $2 billion acquisition by Facebook back in 2014 turned it into a Silicon Valley giant. Sony, on the other hand, has been hit hard by losses in the last few years, and the former king of tech’s crown is slipping.
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