The tech entrepreneur who helped kick-start the virtual reality revolution is stepping down from the company which he helped to found. Palmer Luckey – who sold Oculus to Facebook for over $2 billion (£1.6 billion) in March 2014 – is leaving the social network after a series of highly publicised gaffes. Facebook confirmed yesterday that the … Read more
Facebook on Thursday confirmed that trouble-tainted Oculus cofounder Palmer Luckey has left the leading social network, which dived into virtual reality after buying the startup three years ago. “Palmer will be dearly missed,” Facebook said in an email reply to an AFP inquiry. “His inventive spirit helped kickstart the modern VR revolution and build an … Read more
A US court has ordered Facebook and other defendants to pay $500m (£395m) after finding they unlawfully used a firm’s virtual reality technology. The jury found Oculus, which Facebook bought in 2014, used computer code belonging to video game developer Zenimax to launch its own VR headset. Oculus said it was “disappointed” and would appeal … Read more
A US court has put Facebook on the hook for $500m (£395m) in damages over claims it unlawfully used another firm’s virtual reality technology. The jury found Oculus, which Facebook bought in 2014, used computer code belonging to video game developer Zenimax to launch its own VR headset. Oculus said it was “disappointed” and would … Read more
Facebook founder Mark Zuckerberg appeared in court on Tuesday – suited, booted and apparently unfazed by accusations his company stole innovative virtual reality technology. A day’s worth of questioning in the Dallas courtroom yielded few surprises, other than confirmation that Facebook’s deal to buy VR company Oculus was even more expensive than first publicised. As … Read more
Mark Zuckerberg is expected to appear in a Dallas court on Tuesday to defend his company over claims it stole virtual reality technology. Zenimax Media, owner of renowned games studio id Software, is suing Facebook for $2bn (£1.6bn). Zenimax argued its early innovations in VR were unlawfully copied when Oculus built its own headset, the … Read more
Mark Zuckerberg is expected to appear in a Dallas court on Tuesday to defend his company over claims it stole virtual reality technology. Zenimax Media, owner of renowned games studio id Software, is suing Facebook for $2bn (£1.6bn). Zenimax argued its early innovations in VR were unlawfully copied when Oculus built its own headset, the … Read more