US ZeniMax 2014 Misuse (Q9492)
From Open Risk Manual
A data breach risk event
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | US ZeniMax 2014 Misuse |
A data breach risk event |
Statements
229d4a70-027a-11e9-aee0-f7420d4f3238
January 2014
0 references
Facebook must pay $500 million to ZeniMax, a Dallas, Texas-based jury ordered on Wednesday. The jury found that Oculus co-founder Palmer Luckey failed to comply with a non-disclosure agreement. In 2014, ZeniMax alleged Oculus and Facebook of misappropriating trade secrets and copyright infringement. An Oculus spokesperson told ZDNet: The heart of this case was about whether Oculus stole ZeniMaxs trade secrets, and the jury found decisively in our favor. Were obviously disappointed by a few other aspects of todays verdict, but we are undeterred. Oculus products are built with Oculus technology. Our commitment to the long-term success of VR remains the same, and the entire team will continue the work theyve done since day one - developing VR technology that will transform the way people int (English)
