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Rumors about the hotly anticipated virtual reality system Oculus Rift have already been swirling for quite a while now, but lots of the details remained shrouded in mystery.

Earlier today – after a brief initial delay – Oculus VR’s CEO Brendan Iribe took the stage to shed some light on the virtual reality system. Talking with an audience in SAN FRANCISCO BAY AREA, Iribe didn’t skimp on the drama. Finally, he said from his onstage perch, users can "experience anything, anywhere. It really is that powerful. For the very first time we will finally be within the game. This is likely to change everything…It is finally here."

Six concrete takeaways from the Facebook CEO’s testimony before Congress.

At 2:15 p.m. ET Tuesday, Facebook CEO Mark Zuckerberg is scheduled to take the stand prior to the joint Senate Judiciary and Commerce Committees. The next day, he’ll testify prior to the House of Representatives Energy and Commerce Committee. He plans to wear a suit and take accountability for Facebook’s “big mistake,” and his seven-page testimony has been released by the home. You can view Zuckerberg’s live testimony below.

Perhaps you have heard? The Apple Watch is coming: pre-orders start this Friday.

Before its debut, a small number of tech reviewers were granted early usage of test the wearable. The overall consensus: It’s gorgeous, well-designed and genuinely useful, although perhaps hard to justify at $350 to $17,000.

Even though many reviewers concede that it will not change your daily life — a fairly high standard to measure any product by — most seem deeply infatuated with these devices.

Taking risks might seem scary, but risk may be the moat standing between you and true success

Everyone really wants to be more successful, despite the fact that definitions of success vary wildly. You may picture success as accumulating wealth, or as achieving a posture of power within an organization, as well as as having additional time to spend together with your family and friends.

Strangely enough, there’s one pattern of thinking that’s vital that you achieving any way of measuring success, regardless of how you define it, and with the proper approach, you can master it for yourself: being comfortable taking chances.

Equifax’s breach affects the same as nearly half of the U.S. Census Bureau’s population estimate greater than 325 million people.

Hackers have already been at it again, but this time around, they were able to strike pay dirt.

This week, credit scoring agency Equifax disclosed details regarding an enormous data breach that gave fraudsters usage of the personal information as high as 143 million U.S. consumers. Equifax said hackers were able to steal credit card numbers for approximately 209,000 consumers and access private information on about 182,000 victims.

The overtime rule announced earlier this season is forcing smaller businesses to adapt.

After almost 30 years as a business owner, I know just how much employer laws make a difference small businesses. The newest Department of Labor (DOL) change to place a wrench within an employer’s payroll budget may be the new overtime rule.

Small enterprises should adapt and discover solutions quickly so that you can survive. Fortunately, there are actions you can take now to get ready for the brand new overtime rules.

It’s a great time to think about your business’ progress and plan how you intend to grow your business in the brand new year.

When people hear new year’s resolutions, they often times think of “exercising more often," “spending additional time with the family” or “traveling more." Besides these personal resolutions, also you can create impactful resolutions for your enterprise. A resolution, in the end, is a decision to accomplish something differently to effect a result of positive change. It’s a great time to think about your business’ progress and plan how you intend to grow your business in the brand new year.

The idea of stepping out of your limelight, just like the point of likely to rehab, is to come back a genuinely different and renewed person. It isn’t an instant process.

After an extremely troublesome year for the business, Uber CEO Travis Kalanick will be going for a leave of absence. This isn’t unprecedented, nonetheless it usually happens for health reasons, or the executive gets forced out and/or assumes a different position within the business without taking the official break from the business enterprise. For the official leave of Kalanick’s kind to work, the executive must do the hard mental and emotional work to rehabilitate themselves, and that’s never an instant fix. If we see Kalanick back significantly less than a year, it’ll be hard to trust he’s taking this seriously and that real changes have already been made. However, if he works on his character and not simply his reputation, he will come back stronger than in the past.

There are lots of ways well-meaning parents undermine their kids if they make an effort to be encouraging.

As a parent what would you like for your kids? Having a roof over their heads and food up for grabs are obvious places to start out. Providing them with an excellent education? Absolutely. Think about establishing a college fund? That’s never a bad idea. Permitting them to pursue their dreams and passions? Definitely.

For me personally, the very best priority is that my child turn into a successful adult. The reason why? I possibly could provide my child with the very best education and make certain she doesn’t need to worry about educational costs. But that’s not likely to give her an advantage if she doesn’t understand the need for effort, social skills, strong relationships rather than being worried if the fail.