Small Mistakes Led 500 Million USD Legal Case Against Facebooks Oculus

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Small Mistakes Led 500 Million USD Legal Case Against Facebooks Oculus.

Small Mistakes Led 500 Million USD Legal Case Against Facebooks Oculus information is available here. Facebook’s Oculus has faced the legal battle with ZeniMax. ZeniMax sued Oculus for the $500 million. ZeniMax has claimed that the virtual reality experts John Carmack and Palmer Luckey has flashed and misused the trade secrets. Carmack has previously worked with ZeniMax and just shifted to Facebook’s Oculus. This legal battle is expected to be hard for facebook and will make possible problem to all the virtual reality developers.

John Carmak and Palmer Luckey are claiming that they haven’t taken any ZeniMax technology. The jury also was convinced and agreed that they were not guilty. Otherwise the theft of trade secrets are taken as the most serious issues among all the trade confusions. After that jury also awarded ZeniMax $500 million as well. This was because Palmer Luckey was found some how guilty of violating a nondisclosure agreement he did with ZeniMax. Even though the issue and the topic is minor the law made it very expensive.
These days Virtual Reality applications and technologies are becoming popular day by day. Virtual Reality based business is expected to become more that $25 billion in the market by 2021. The ZeniMax will be receiving the amount which is greater that the two years of sales revenue of Oculus Rift headset. It is not facebook is not able to pay this much money, but fact is they have to pay it without any significant and major mistake.