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Zenimax Wins Intellectual Copyright Case Against Facebook’s virtual reality company Oculus
Facebook recently lost a 500 million court case to Zenimax over the intellectual property rights to the software and hardware used in the Oculus product line. After Facebook bought the virtual reality company in 2014, they moved forward with failed projects. This past holiday season the hardware and software was underdeveloped and overpriced. It did poorly for Facebook, but advertisers kept throwing money away with their advertising system. This 500 million dollar loss is a fraction of the profit they made in the fourth quarter of 2016 alone. With the amount of money the company is making overall, it would make
