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Oculus VR News | March 25, 2019

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ZeniMax Lawsuit

Facebook and ZeniMax Media Settle Oculus VR Lawsuit

December 13, 2018 |

After nearly five years, the long-running legal battle between Bethesda Softworks parent company ZeniMax Media and Oculus’ parent company, Facebook, over the VR technology developed the Oculus Rift headset has finally come to an end.

According to a statement released … Read More

Judge Halves ZeniMax’s $500M Oculus Payout, Rejects to Ban Rift Sales

June 28, 2018 |

The $500 million that a Texas jury awarded ZeniMax Media in its lawsuit against Oculus and its parent company, Facebook, last year has now been reduced in half to $250 million in a new court ruling.

As reported by Bloomberg, … Read More

Oculus Fights ZeniMax’s Injunction Demands in Court, Judge Calls for End to Legal Battle

June 21, 2017 |

After being awarded $500 million earlier this year in its lawsuit against Facebook-owned Oculus, ZeniMax Media was back in court wanting more.

ZeniMax had filed an injunction shortly after the trial to block the sale of any Oculus hardware and … Read More

ZeniMax Seeks Injunction to Halt Sales of Oculus Products

February 24, 2017 |

Following an intense legal battle between ZeniMax Media and Oculus which resulted in a $500 million judgment in favor of ZeniMax, the company has now taken steps to request an injunction against Oculus to block the sale of any products using … Read More

John Carmack Slams ZeniMax’s Expert Analysis After Oculus Verdict

February 2, 2017 |

In the wake of a Dallas jury’s verdict on Wednesday, which resulted in a $500 million judgment against Oculus in the ZeniMax lawsuit, Oculus CTO John Camack took to Facebook to publicly express his frustration with the situation and the court’s decision.

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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 misapproate 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

Facebook Actually Paid $3B for Oculus, Plans to Invest Billions More Over the Next Decade

January 18, 2017 |

During yesterday’s court testimony in Dallas, Facebook CEO Mark Zuckerberg revealed details about the company’s acquisition of Oculus in 2014, and as it turns out Facebook actually paid more than the $2 billion price tag that was originally reported.

On … Read More

Zuckerberg Defends Oculus in Court Battle Against ZeniMax Claims

January 17, 2017 |

Facebook CEO Mark Zuckerberg took the stand in a Dallas federal courtroom today to testify in the ongoing legal battle between ZeniMax Media and Oculus over claims that the Oculus Rift virtual reality headset was based on stolen technology.

During … Read More

Facebook CEO Mark Zuckerberg Will Testify in $2 Billion Oculus VR Lawsuit

January 16, 2017 |

Facebook CEO Mark Zuckerberg will testify in Dallas court on Tuesday, January 17th, in the ongoing lawsuit filed against Oculus, which claims the VR startup company he purchased for $2 billion was based on stolen technology.

ZeniMax Media, the parent … Read More