The Oculus Rift is a virtual reality headset invented by Palmer Luckey in 2011 and developed by Oculus VR, which is now owned by Facebook. It uses a 7-inch screen with a 110 degree field of view to provide the experience of presence in virtual environments through stereoscopic images delivered via an HDMI cable from a computer. While early versions had problems like weight and motion sickness, the Rift is being applied in gaming, social media, and other areas, with the goal of addressing current limitations and expanding its uses in the future.