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Oculus loses big, jury awards $500 million to ZeniMax

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NewsHubA jury agreed with ZeniMax that Oculus VR used technology that led to its Rift headset, and the ruling could end up costing Oculus half a billion dollars.
Oculus may be a virtual reality company, but a jury said it owes real money.
That’s the bottom line of a decision handed down in a Texas court Wednesday, in which a jury said Oculus owed $500 million to a little-known company called ZeniMax Media, whose subsidiaries make hit games like Doom, Quake and Fallout .
Palmer Luckey, Oculus’s reclusive co-founder, didn’t respond to a request for comment. But a spokeswoman for Oculus said the company is planning to file an appeal. „The heart of this case was about whether Oculus stole ZeniMax’s trade secrets, and the jury found decisively in our favor,“ an Oculus spokeswoman said in a statement.

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