Hugo Barra: Facebook's virtual reality business gets a new leader

Facebook paid $2 billion to acquire Oculus almost three years ago

Facebook’s virtual reality effort, including its big bet on the virtual reality goggles maker Oculus VR, has a new leader.

Mark Zuckerberg, Facebook’s chief executive, said in a post on Wednesday that Hugo Barra, a former executive at Google and the Chinese phone maker Xiaomi, was joining 

Facebook to lead its virtual reality business. The move puts to rest questions about who would assume direction of the efforts after Oculus ran into several hurdles, including an 

intellectual property lawsuit and leadership changes. “Hugo shares my belief that virtual and augmented reality will be the next major computing platform,” Zuckerberg wrote in the post. 

“Hugo