Oculus, Execs Must Pay $500M For Software Infringement
Law360, Dallas (February 1, 2017, 3:27 PM EST) -- Facebook Inc. subsidiary Oculus VR LLC and several of its executives must pay $500 million in damages to video game developer ZeniMax Media LLC for copyright and trademark infringement and breach of a non-disclosure agreement in a case tied to its virtual reality technology, a Texas federal jury found Wednesday.
A jury found Oculus liable for a total of $300 million in damages, and Facebook was cleared of all claims against it. Above, a consumer tests an Oculus virtual reality headset in 2015. (AP) After a three-week trial, the jury deliberated for two-and-a-half days before finding Oculus liable for copyright infringement,...
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