Facebook loses its VR case, has to pay $500M in damages

http://ift.tt/2jEhmQT

Facebook co-founder and chief executive, Mark Zuckerberg, speaks at an Oculus developers conference while wearing a virtual reality headset in San Jose, California

Glen Chapman | AFP | Getty Images

Facebook co-founder and chief executive, Mark Zuckerberg, speaks at an Oculus developers conference while wearing a virtual reality headset in San Jose, California

Facebook's Oculus lost a case against game maker ZeniMax, leaving the tech company on the hook for $500 million.

A jury ordered Facebook to pay $500 million in damages to ZeniMax due to theft of intellectual property on Wednesday.

ZeniMax sued Oculus for allegedly stealing its intellectual property. The company claimed Oculus' VR device Oculus Rift was "primitive" until John Carmack, Oculus chief technology officer and founder of a company owned by ZeniMax, improved on the device using his knowledge from his previous work as a ZeniMax employee. It also said that Oculus founder Palmer Luckey "commercially exploited" Zenimax computer code and trade secrets in order to develop its products.

Facebook purchased Oculus in 2014. Facebook CEO Mark Zuckerberg testified in court that he was not aware of the intellectual property claims between Oculus and ZeniMax.

This is a breaking news story. Please check back for updates.



from Hacker News http://ift.tt/YV9WJO
via IFTTT