Photo: BloombergDallas: The virtual reality headset maker that Facebook Inc. bought in 2014 for $2 billion used stolen technology, a jury said in awarding $500 million damages to ZeniMax Media Inc. He acknowledged in testimony that he took with him e-mail records including computer code related to virtual reality. Jurors also hit Oculus’s co-founders, Brendan Iribe and Palmer Luckey, with $150 million and $50 million in damages, respectively, for the trademark misuse. He told the jury Oculus went from “zero to hero” using Carmack’s innovations at ZeniMax to improve on the crude prototype for the Rift designed by Oculus co-founder Palmer Luckey. ZeniMax had sought $2 billion from Facebook and Oculus to compensate losses and unspecified punitive damages.

Source: Mint February 02, 2017 15:10 UTC