Mark Zuckerberg, in Suit, Testifies in Oculus Intellectual Property Trial - News Summed Up

Mark Zuckerberg, in Suit, Testifies in Oculus Intellectual Property Trial


Facebook could face hefty damages if it loses the suit, which could make its payoff from virtual reality recede further into the future. PhotoBut Mr. Zuckerberg also spent much of his time on the stand talking about his broader vision for virtual reality and how it has not arrived yet. Yet virtual reality still has a long way to go before it gets to that point, Mr. Zuckerberg said. In 2006, he was deposed in a lawsuit filed by former classmates at Harvard, in which the plaintiffs claimed that Mr. Zuckerberg knowingly stole intellectual property to create his social network. That deposition, however, was taken behind closed doors; Mr. Zuckerberg settled the suit for a reported $65 million.


Source: New York Times January 17, 2017 19:32 UTC



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