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Social Media Today: Oculus Deal Done, Facebook Adds Save Button, Uber Wi-Fi

By Melony Roy

Facebook has officially acquired Oculus.

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MENLO PARK, CA - FEBRUARY 01: A sign with the 'like' symbol stands in front of the Facebook headquarters on February 1, 2012 in Menlo Park, California. (Credit: Justin Sullivan/Getty Images)

The $2 billion deal announced in March has been approved by regulators. The FCC's anti-trust team green-lighted the deal in April and it has now passed the California Department Of Corporations fairness hearing.

The Virtual Reality start-up will continue operating independently within Facebook and maintain its main offices in the Los Angeles area.

"We're looking forward to an exciting future together, building the next computing platform and reimagining the way people communicate," the companies said in a joint statement.

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Facebook adds "Save" function

(photo credit: Facebook)

(photo credit: Facebook)

Facebook has added a new feature called "Save" that lets users flag things like links, places, or music and then come back to them at a later time.

The feature can be accessed on any page using the "Save" button which is located near the "Like" button. Saved pages can be accessed at any time on the social network's website, iOS app or Android app.

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Saved items are private and will not appear to your friends unless you choose to share them.

Facebook will also remind users of saved items, promoting them in users' news feeds.

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 Uber partners with Google

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(photo credit: Uber)

Working on the go in Philadelphia just got a little easier thanks to a new and experimental service from Uber.

The car service is teaming up with Google to give its riders a Wi-Fi service in its cars and the new feature is kicking off in the city of brotherly love.

The aptly-titled "uberWiFi" service is free and available now through Labor Day.

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Follow KYW social media editor  @MelonyRoy.

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