Thursday, February 02, 2017

Facebook's Oculus ordered pay USD500 mn in suit on stolen tech

A US jury has ordered Facebook and creators of its Oculus Rift to pay USD 500 million to gaming software firm ZeniMax in a lawsuit that claimed the virtual reality technology was stolen. 
The Texas jury made the award yesterday in a trial in which Oculus was accused of basing its Rift headset on technology stolen from ZeniMax's virtual reality software, court documents showed.
The lawsuit claimed Oculus founder Palmer Luckey and his colleagues developed the virtual reality gear using source code illegally obtained from the gaming firm. 
Source: News Nation
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