Facebook settles virtual reality lawsuit with ZeniMax over theft of company secrets

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

ZeniMax sued Facebook-owned Oculus saying it stole code and secrets to develop virtual reality products. A jury found Facebook guilty, and awarded ZeniMax $500 million. The two parties decided to settle the lawsuit for an undisclosed amount.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It looks like Facebook might be blocking my religion page without telling me its blocked?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'Super cult' wineries and virtual reality will disrupt fine wine industry in 2019, expert predictsMathieu Jullien, general manager for Europe at Wine Source, told CNBC that fine wines would see a more global distribution, but also experience a hike in value. garyvee something you’re involved in?
Source: CNBC - 🏆 12. / 72 Read more »