https://consumerist.com/2017/10/11/facebook-announces-oculus-go-a-cheaper-standalone-vr-headset-for-199/

Despite the technological leaps forward in virtual reality, VR headsets have not yet caught on with the mass market. That may have something to do with the better ones being prohibitively priced and requiring a connection to a computer, while the less expensive ones require you to use your phone for the screen. Facebook is hoping to finally hoping to bring VR to a bigger audience with Oculus Go, a headset with a moderately affordable price point and no need to purchase a powerful PC or kill the battery on your phone.

Facebook CEO Mark Zuckerberg unveiled the $199 Go earlier today at the fourth Oculus developers conference. Much of what was announced today — the price point, the standalone nature — was really just confirming earlier rumors about the device.