Tag Archives: virtual reality

Virtual Reality Becomes a $500 Million Actual Reality for Facebook

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Oculus, the Facebook-owned virtual reality (VR) company, was ordered by a jury to pay $500 million in damages to ZeniMax last week, concluding a multi-year lawsuit. As reported by Business Insider, Facebook founder Mark Zuckerberg testified that Facebook acquired Oculus in 2014 for nearly $3 billion as a way to be a pioneer in the […]

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