Facebook Stole Vr Tech For Oculus Rift Ordered To Pay 500 Million To Zenimax Media Techworm
The jury awarded the sum after determining that Oculus executives violated a ZeniMax non-disclosure agreement in the early days of building the Oculus Rift VR headset. The lawsuit was filed in 2014 for a dispute between ZeniMax and Oculus, with ZeniMax alleging that John Carmack, the Chief Technology Officer at Oculus and Oculus co-founder Palmer Luckey stole intellectual property to begin work on the Oculus Rift VR headset. The company also claimed that Facebook hurried through its acquisition process, not properly inspecting Oculus and its executives for possible conflicts and other warning signs....