Facebook ordered to pay $500m in Oculus virtual reality dispute

‘Facebook has been ordered to pay $500m (£395m) after its virtual reality division was found to use stolen technology.
The ruling took the shine off the world’s biggest social network posting record fourth-quarter profits and signing up millions of new users.
Oculus, the virtual reality headset company Facebook bought in 2014 for $2bn, was found by a US court to have used technology developed by ZeniMax, an American video game company, after a trial in which Facebook’s founder Mark Zuckerberg and Oculus creator Palmer Luckey both testified.’
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