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. https://optocrypto.com/facebook-and-zenimax-agree-on-lawsuit-for-alleged-theft-of-virtual-reality-technology/
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FACEBOOK AND ZENIMAX AGREE ON LAWSUIT FOR ALLEGED THEFT OF VIRTUAL REALITY TECHNOLOGY
Almost 5 years after announcing the acquisition of OculusVR, Facebook seems to have left behind the controversy over intellectual property infringement surrounding the agreement.ZeniMax, parent company of Bethesda Softworks and id Software, said today that it has agreed to settle its lawsuit against Facebook and Oculus for stealing trade secrets for the development of virtual reality technology.ZeniMax filed a lawsuit against Facebook in 2014 after John Carmack, co-founder of Id Software, joined Oculus as a technology leader. The lawsuit, which claimed up to $4 billion in damages, alleged that Palmer Luckey, the founder of Oculus, had stolen trade secrets and used them to develop Oculus Rift eyewear. READ MORE