Article by





Mark Zuckerberg and Facebook lose Oculus case, has to pay $500 million


2017-02-02 01:26:11
A jury, on the case between Facebook and Zenimax Media, has just made a decision and awarded Zenimax $500 million. Wearing a suit to the court didn't seem to help Zuckerberg, as jury still found that the terms of non-disclosure agreement have been violated.

Oculus VR was also found guilty of copyright infringement.

In addition to $500 million that Facebook has to pay, Palmer Freeman Luckey, the founder of Oculus VR and designer of the Oculus Rift, has to pay $50 million personally, and the former CEO of the company, Brendan Iribe, $150 million.

According to TechCrunch, Facebook's comments on the official ruling said that they are not happy with a few aspects of tghe verdict, but generally undeterred.

Zenimax Media's spokesperson said they are pleased with the decision, but will keep going with the cases against Facebook to make sure their computer code won't be used by Facebook and Oculus.

One thing Oculus was not found guilt of, were the claims that Oculus had stolen trade secrets to create the Rift headset.

Even though the half a billion verdict seems big, allegedly Zenimax Media was looking to get six billion dollars.




have your say


more in Breaking News
French election results due today after 6pm GMT
Mark Zuckerberg and Facebook lose Oculus case, has to pay $500 million

French elections are taking place today, the poll stations opened at 8am and close at 7pm (or 8 pm in some big cities) local time. Early results are expected soon after, at around 6pm GMT.

Stephen Fry investigated for blasphemy
Mark Zuckerberg and Facebook lose Oculus case, has to pay $500 million

Stephen John Fry, an English comedian, is investigated for alleged blasphemy in the Republic of Ireland after a claim was made by a viewer saying that Fry's comments on TV were blasphemous.

America First Policies to start a $3 million ad campaign for Trump
Mark Zuckerberg and Facebook lose Oculus case, has to pay $500 million

The election is over and Trump was elected president, but rallies to gain support continue. A pro-Trump group America First Policies is set to start a $3m ad campaign to strengthen the support for the new health care bill that was set to fail the last time around.

Trump adviser Carter Page was under observation by FBI
Mark Zuckerberg and Facebook lose Oculus case, has to pay $500 million

According to law enforcement and other U.S. officials, Trump adviser Carter Page was monitored as part of an investigation into potential links between the campaign and Russia.

New York to offer free tuition for middle-class families
Mark Zuckerberg and Facebook lose Oculus case, has to pay $500 million

New York has become the first state to offer free tuition for students from middle-class families earning $125k or less annually. This means that roughly around 940 000 families will be eligible for free tuition at public colleges and universities.

Study: Smoking is the cause of 10% of deaths worlwide
Mark Zuckerberg and Facebook lose Oculus case, has to pay $500 million

According to The Global Burden of Diseases report, smoking might be the cause of roughly 10% of all the deaths worldwide. And half of the smoking deaths take place in just four countries - India, China, Russia, and the US.

Scottish Parliament to Back new Independence Vote
Mark Zuckerberg and Facebook lose Oculus case, has to pay $500 million

Scottish Parliament is expected to back the new independence vote proposed by Scottish First Minister Nicola Sturgeon. The vote will be taking place today at around 5pm.

The approval rating of Trump sinks to new low
Mark Zuckerberg and Facebook lose Oculus case, has to pay $500 million

Based on the latest Gallup poll the approval rating of President Trump has sank to 37%, that means the rating has gone down 8% compared to a week earlier when it stood at 45%.

US: New travel ban blocked by federal judges
Mark Zuckerberg and Facebook lose Oculus case, has to pay $500 million

The new 90-day travel ban on immigration from six countries was blocked this morning by a federal judge in Maryland.

Congressional Budget Office predicts Trumpcare leaves 24 million people without coverage
Mark Zuckerberg and Facebook lose Oculus case, has to pay $500 million

According to estimation by CBO, Congressional Budget Office, Republican version of the new health-care law will leave more than 24 million people without healthcare coverage, changing the number of uninsured from current 10 percent to 19 percent in a decade. The estimation after the first year is 14 million extra uninsured people.

thecheers.org

Welcome to TheCheers! We've been around for a long time now, since 2004, publishing articles by people from all over the world. Roughly 300 people from 30 different countries have written for us over the years. Should you want to become a volunteer contributor, be sure to contact us!

Random
Entertainment Blogs
get in touch

You can contact us via The Cheers Facebook page or The Cheers NEW Twitter account.