Tuesday January 17, 2017

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

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.

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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. آ…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.

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