Terry Gilliam's 'The Zero Theorem'
Voltage Pictures Terry Gilliam's 'The Zero Theorem'

1. Virtual Reality:  Inspired by the Kickstarter-funded Oculus VR, Sony Corp. showed off a new virtual reality headset for its PlayStation 4 game console at the annual Game Developers Conference in San Francisco yesterday. "It's something which we believe will push the video-game industry forward," said Shuhei Yoshida, president of worldwide studios at Sony Computer Entertainment, "This is the culmination of our work for three-plus years and realizes our vision for VR for games." Read the full story here.

2. Terry Gilliam: Talking about his latest film, the science fiction drama "The Zero Theorem," director Terry Gilliam told The Belfast Telegraph he has concerns about our relationship to technology. "I fear through all the connectivity we're being disconnected. It's easier to just tweet somebody than talk to them and more people are doing it than not." Read more of his thoughts about technology here.

3. Netflix: Netflix announced today that its next original series, "Grace And Frankie," a half-hour comedy, will star Jane Fonda and Lily Tomlin. The streaming service has given a 13-episode order to the series, which was created by Marta Kauffman ("Friends") and Howard J. Morris ("Sullivan & Son"). Read more here.

4. Amazon: We recently wrote about how Roku is developing an alternative to Google Chromecast, the little gadget that lets you watch streaming video and listen to music on an HDTV. Now Amazon is reportedly developing its own device to enable streaming, according to TechCrunch. The more streaming options, the better, we say.

5. Wal-Mart: Calling all gamers, the world's largest retailer announced yesterday it plans to expand its video game trade-in program to its stores starting March 26. Customers who bring in their used video games can exchange them for store credit.