True Pundit

Business Technology

FACEBOOK Fights Claim OCULUS VR Built With Stolen Tech

FOLLOW US!
Follow on FacebookFollow on Twitter

[ditty_news_ticker id=”25027″]

Facebook Inc. bet early on virtual reality, buying Oculus VR 2 1/2 years ago to get its groundbreaking headset. Now it’s fighting claims that the Oculus Rift was built with stolen technology and promoted with a false origin story about a young entrepreneur tinkering in his parents’ garage.

What started as a falling out between tech geeks has become a messy $2 billion dispute that may drag Facebook co-founder Mark Zuckerberg onto the witness stand in a Dallas courtroom. The social media giant is accused of completing its acquisition of Oculus in 2014 with “full awareness” that the “holy grail” know-how behind one of Silicon Valley’s most promising consumer devices was misappropriated from another company. – READ MORE

FOLLOW US!
Follow on FacebookFollow on Twitter