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Facebook owes ZeniMax $500M



Facebook owes ZeniMax $500M 


 The gaming company had alleged that when Facebook purchased Oculus from inventor Palmer Luckey for nearly $3 billion in 2014, it acquired a product that had been developed with its expertise.


The Polygon report, which said Oculus will be appealingof the $500 million, Oculus will pay $200 million for breaking the NDA and $50 million for copyright infringement. Oculus and Luckey each have to pay $50 million for false designation, and Brendan Iribe, a cofounder of Oculus VR and now its CEO, has to pay $150 million for the same.

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