Business News Roundup, Jan 12

Oculus VR, the maker of virtual reality goggles that Facebook is acquiring for $2 billion, was accused by ZeniMax Media of misappropriating intellectual property it claims is worth billions of dollars.

Oculus wrongfully took copyrighted computer code, trade secrets and technical know-how and exploited it, according to a complaint filed Tuesday by ZeniMax, a video game maker, in federal court in Dallas.

The Menlo Park social network is making a bet that virtual reality will be the next mainstream method of communication, after mobile phones.

Facebook plans to help Oculus make its Rift...
6 Published By - Business and Technology News - 2017.01.12. 00:09
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