Facebook and ZeniMax Settle Lawsuit Over Alleged Theft of Virtual Reality Technology

Zenimax sued Facebook-owned Oculus saying it stole code and secrets to develop virtual reality products. A jury found Facebook guilty, and awarded ZeniMax $500 million. The two parties decided to settle the lawsuit for an undisclosed amount......»»

Reuters Facebook has agreed to pay $500 million to settle a class-action lawsuit that claimed it .....»»

LiveLike co-founder and Chief Business Officer Miheer Walavalkar was early to the virtual reality party. Almost too early, really. “When we started on this [in 2014], the technology was still quite nascent. Facebook was just buying Oculus, a lot o.....»»

Macy's is also adding more technology, like virtual reality headsets, to its stores ahead of the holidays......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Immersive virtual reality (VR) and Augmented Reality (AR) technology have started gaining traction over the last decade. An eclectic mix of start-ups and top technology brands such as Google (NASDAQ: GOOG), Facebook, Inc. .....»»

The salon will feature augmented reality technology, which allows customers to experiment with different virtual hair colors.....»»

Technology companies are leveraging virtual reality software meant to address issues with diversity and inclusion......»»

Facebook Inc. (NASDAQ: FB) has nearly 10,000 people working in its group developing augmented and virtual reality devices, according to a report by The Information (via.....»»

Apple's headset, codenamed N301 per The Information, will have cameras that reflect video of the outside world onto the screens for the viewer. Karl Mond.....»»

Also: tremendous potential for Facebook and virtual reality; ETFs that have blown the S&P 500 away; what to expect from Joe Biden's first 100 days as president......»»

The short VR film Baba Yaga, released on Facebook's Oculus headsets, shows off the new medium's narrative potential.....»»

Facebook is paying a landmark settlement of $52 million to settle a class-action lawsuit brought by content moderators, who review posts depicting murders, suicides and other disturbing acts to keep them off the Internet......»»

Facebook is paying a landmark settlement of $52 million to settle a class action lawsuit brought by content moderators, who review disturbing posts depicting murders, suicides, and other disturbing acts to keep the internet safe......»»

Facebook Facebook's $2 billion bet on virtual reality has yet to pay off, but the company isn't giving up just.....»»

Autonomous-vehicle startup Zoox said late Tuesday it has settled a lawsuit by Tesla Inc. that alleged theft of trade secrets. Las.....»»

Facebook/Tech Insider Facebook has bought Sanzaru Games, a US video game developer that makes games for the Oculus virtual reality platform. Since.....»»

SeaWorld Entertainment Inc. disclosed Tuesday that it will pay $65 million to settle a class action lawsuit that alleged violations of the Securities Exchange Act of 1934, which regulates secondary trading of securities. SeaWorld said the s.....»»

Reuters/Mohammad Khursheed Walgreens paid $7.5 million to settle a complaint from the Alameda County District Attorney that alleged one of its pharmacist.....»»

Reuters Facebook has agreed to pay $500 million to settle a class-action l.....»»