Court Orders Facebook To Pay $500 Million In Oculus Rift Copyright Lawsuit
Nicole T.The verdict on the Oculus Rift copyright lawsuit filed by gaming company ZeniMax against Facebook has been released. The latter now has to pay $500 million to ZeniMax after the jury found Oculus co-founder Palmer Luckey unable to abide by the non-disclosure agreement he had signed before.
However, the jury's results did reveal that not everything was against Facebook. According to Beta News, the Texas jury did not believe Oculus stole the technology of ZeniMax. This was the foundation of the lawsuit -- a former ZeniMax employee left the company and worked with Luckey to create the virtual reality headset.
The verdict came out February 1 at the Dallas federal court. The payment Facebook is asked to pay is way less than what ZeniMax had asked towards the end of the trial. ZeniMax reportedly originally asked for $4 billion from Facebook as compensation and for the damages done.
The $500 million payment includes a $200 million compensation for violating the non-disclosure agreement, $50 million for copyright infringement and another $50 million for false designation. In addition, former Oculus CEO Brendan Iribe was also asked to pay $150 million for false designation. Another $50 million should be paid by current CEO Luckey for the same violation.
Although they were asked to settle, Oculus is still rather happy with the result. "The heart of this case was about whether Oculus stole ZeniMax's trade secrets, and the jury found decisively in our favor," a spokesperson for the company said.
According to Phys.org, the case became high-profile when Mark Zuckerberg, owner and creator of Facebook, came to testify. Facebook bought Oculust Rift on 2014. Zuckerberg revealed during his appearance that buying Oculus was more than the initial $2 billion acquisition price. He also said that Facebook has agreed to pay another $1 billion to motivate and retain old Oculus workers.
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