Brendan Iribe

Facebook ordered to pay US$500m in Oculus VR lawsuit

Facebook’s VR division, Oculus has been ordered to pay US$500 million to games firm ZeniMax in a court battle over the technology used in its Rift headsets. The verdict, delivered in a Texas district court, ruled that Oculus co-founder Palmer Luckey had failed to comply with a non-disclosure agreement (NDA) signed with ZeniMax in 2012. […]