Facebook, Oculus to pay $500 million to ZeniMax in VR lawsuit - News Summed Up

Facebook, Oculus to pay $500 million to ZeniMax in VR lawsuit


A US jury in Texas on Wednesday ordered Facebook Inc, its virtual reality unit Oculus, and other defendants to pay a combined $500 million to ZeniMax Media Inc, a video game publisher that says Oculus stole its technology. The jury in federal court in Dallas found Oculus, which Facebook acquired for about $2 billion in 2014, used ZeniMax's computer code to launch the Rift virtual-reality headset. ZeniMax alleges that video game designer John Carmack developed core parts of the Rift's technology while working at a ZeniMax subsidiary. The jury also found Oculus liable for breaching a non-disclosure agreement Luckey signed with ZeniMax in 2012, when he began corresponding about virtual reality with Carmack. "Oculus products are built with Oculus technology."


Source: India Today February 02, 2017 08:38 UTC



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