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Oculus VR News | April 26, 2024

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Palmer Luckey - Page 2 of 7

Judge dismisses TRT ‘Breach of Contract’ Lawsuit Against Oculus

March 13, 2017 |

It looks like Oculus has one less legal battle to worry about after a northern California court dismissed a ‘breach of contract’ lawsuit filed against the company by Total Recall Technologies (TRT).

Total Recall Technologies had first filed the suit … Read More

Oculus Not Guilty of Stealing Trade Secrets, but Ordered to Pay $500 Million in ZeniMax Lawsuit

February 1, 2017 |

In the legal battle between ZeniMax Media vs. Oculus VR, a Dallas, Texas jury came to a verdict on Wednesday and found Oculus did not misappropriate trade secrets related to ZeniMax’s VR technology.

However, the jury did find that Oculus … Read More

Palmer Luckey Testifies in Court: ‘I Didn’t Take Confidential Code’

January 19, 2017 |

Oculus founder Palmer Luckey—who has remained out of the public spotlight since the revelation that he had funded a polarized political campaign came to light—emerged in a Dallas federal courtroom yesterday to testify against the $2 billion lawsuit brought against … Read More

Oculus Defends its Position, Calls ZeniMax Lawsuit ‘Wasteful’

January 10, 2017 |

The ZeniMax Media v. Oculus VR trial is officially underway in Dallas, Texas, and Oculus is making sure its stance in defense against ZeniMax’s allegations remains perfectly clear to the public.

As a brief recap, ZeniMax alleges that the Oculus Rift … Read More

ZeniMax Media v. Oculus VR Set to Begin Opening Statements in Trial

January 9, 2017 |

The long and ongoing legal dispute filed by ZeniMax Media against Oculus VR is set to begin starting today with jury members selected and opening statements scheduled for Tuesday, January 10th 2017, according to a report by Bloomberg.

ZeniMax first … Read More

Oculus CEO Brendan Iribe Steps Down, Will Now Lead PC VR Group

December 13, 2016 |

In a surprising announcement, Brendan Iribe, who co-founded Oculus with Palmer Luckey in 2012, has confirmed today that he will be stepping down from his top leadership role as CEO of Oculus to head up the new PC VR division … Read More

Palmer Luckey Issues Statement Amid Backlash for Funding Pro-Trump Group

September 24, 2016 |

The media had a field day against Oculus founder Palmer Luckey after a report by The Daily Beast on Thursday evening claimed that he had anonymously funded a non-profit, pro-Trump political organization called Nimble America, which supposedly involved circulating anti-Hillary … Read More

Palmer Luckey Responds to Reports of Oculus Rift and VR Sales ‘Flatlining

September 9, 2016 |

This week raised some eyebrows with regards to the latest Steam hardware and software survey that appeared to indicate that virtual reality sales figures were heading on a downward spiral and “flatlining”. Some reports suggested that perhaps this is signifying the … Read More

Oculus Responds Against ZeniMax’s Latest Lawsuit Allegations

August 22, 2016 |

The lawsuit bought by game publisher ZeniMax Media against Oculus and its parent company Facebook doesn’t seem to be going away anytime soon. ZeniMax first filed its suit in May 2014 after Oculus was acquired by Facebook, but has since … Read More

Palmer Luckey Defends Exclusivity on Oculus Platform

June 22, 2016 |

If you ever owned a gaming console you are no stranger to the ongoing battle of exclusivity rights to a specific platform. Typically, depending on what side you’re on, you may view this as a competitive advantage over the competition. … Read More