Facebook loses $500 million Oculus lawsuit

A jury has awarded game development firm ZeniMax $500 million in its lawsuit against Facebook-owned Oculus. The lawsuit, filed months after Facebook (FB, Tech30) acquired Oculus in 2014, claimed Oculus founder Palmer Luckey and CTO John Carmack stole proprietary information and used it to make Oculus Rift, the virtual reality Read more…

By illyas Musa, ago