Palmer Luckey

Oculus founder: existing VR hardware not good enough to go mainstream

Oculus founder Palmer Luckey has claimed that “no existing or imminent VR hardware is good enough to go truly mainstream, even at a price of $0.00”. In a post on his personal blog titled ‘Free isn’t cheap enough,” Luckey, who parted ways with Oculus’ parent company Facebook last year, claimed that hardware sales are a […]

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. […]