Facebook's Virtual-Reality Tech Was Not Stolen, Zuckerberg Testifies

Megalith

Megalith

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The Facebook CEO is probably having a bad day. Getting sued for billions is one thing, but imagine having to get dressed properly before leaving the house. Having testified earlier in a Dallas courtroom, it turns out that the company actually paid $3 billion for Oculus.

Under questioning from ZeniMax lawyer Tony Sammi, the 32-year-old billionaire addressed how Facebook's investment in virtual reality came together. Zuckerberg said the purchase of Oculus included not only the $2 billion price but also $700 million to retain employees and $300 million in payouts for reaching milestones. …Zuckerberg denied that Carmack has used computer code from his previous position to unfairly help Oculus. "There is no shared code in what we do," he said. Zuckerberg said he has been interested in virtual reality since he was a student, but thought it was decades away from happening before he encountered Oculus.
 
"Zuckerberg said he has been interested in virtual reality since he was a student''. Ohhhhhh a visionary, this Zuckerberg is. That's not what the movie portrayed Zuckerberg as. Since he didn't sue he's not quite an angel as he portrays himself. Except with his booty of $billions$, it just doesn't matter any more.
 
Sure you can buy Oculus... ...if you want there should be a law suit! Voooop-voopvoopvoopvoop... (Read in Zoidberg voice...)
 
Hopefully Zenimax gets nothing. I'm actually rooting for Facebook at something, amazing.
 
Again, I don't see why they'd need to use code created at Zenimax.

When Facebook purchased Oculus, they were in the earlier stages. As with any company that gets a massive influx of capital, the jerry-rigged nature of earlier prototypes tends to be recreated. They had a lot of time between purchase and product availability to do just that.

It seems Zenimax was only concerned with Carmack joining the Oculus team after the Facebook acquisition.
 
Zenimax also tends to sue first, and decide if they really needed to later.
 
so the company looked for buyers as justification for going public ipo in that same year... where did that money come from is better question?
 
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