Why isn't The Verge covering this important news?
This to me seems like a very important project. They've covered the Oculus Rift extremely well, and this is the first game to be developed from the ground up with Oculus Rift in mind. The video below does a decent job of covering the story, and I would love to see the Verge do one as well.
The timing is of particular importance because there is an associated KickStarter which is probably going to just barely be funded: