Oculus in news : Jury issues $500 million verdict

[Terry Rock]

Jury issues $500 million verdict in Facebook virtual reality lawsuit
A 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. Oculus hired Carmack in 2013.

Well-known for helping to conceive games such as "Quake" and "Doom," Carmack worked for id Software LLC before that company was acquired by ZeniMax. He is now the chief technology officer at Oculus.

Facebook chief executive Mark Zuckerberg testified last month during the three-week trial that none of ZeniMax's proprietary code was incorporated into the Rift.

Oculus did not immediately respond to a request for comment.
http://www.msn.com/en-us/money/comp...virtual-reality-lawsuit/ar-AAmvMFS?li=BBnb7Kz
Source:http://www.msn.com/en-us/money/comp...virtual-reality-lawsuit/ar-AAmvMFS?li=BBnb7Kz
http://www.msn.com/en-us/money/comp...virtual-reality-lawsuit/ar-AAmvMFS?li=BBnb7Kz

 

[Andrew Harper]

Ouch, not much else I can say! That's a pretty big hit on a company. Ok if it was Oculus on it's own they would probably be eaten whole by such a fine but with Facebook behind them they should be ok. Having said that I bet Facebook's relationship with Oculus will be badly affected because of this.

 

[RichardHessels]

Ouch, not much else I can say! That's a pretty big hit on a company. Ok if it was Oculus on it's own they would probably be eaten whole by such a fine but with Facebook behind them they should be ok. Having said that I bet Facebook's relationship with Oculus will be badly affected because of this.

If it was Oculus on it's own they would not have asked 500 million.