"Zuckerberg, wearing a dark suit and striped tie rather than his typical T-shirt and jeans, answered, "no," but then added: "The idea that Oculus technology is based on someone else's is just wrong. Oculus originally wanted $4 billion, he said.Sammi questioned whether Facebook knew what it was doing when it made the acquisition. Zuckerberg said the Oculus deal was done over a weekend in 2014, which Sammi said did not show sufficient due diligence . Zuckerberg said, though, in later testimony that Facebook researched Oculus for months.At the time, Zuckerberg testified, he was not aware of any theft claims against Oculus. He told jurors how he used virtual reality to capture his daughter's first steps, so her grandparents could experience it later.

Source: Economic Times January 18, 2017 01:58 UTC