Facebook’s VR Company Is Facing A Total Shutdown

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Recently, Oculus, a company Facebook acquired for $2 billion almost three years ago, has turned out to be more trouble than it’s worth. Oculus lost a major lawsuit worth half a billion dollars to video game publisher ZeniMax, owner of Fallout and Skyrim developer Bethesda Softworks, with the court ruling that Oculus had used copyrighted ZeniMax technology without permission, holding the company and its founders liable. And now ZeniMax is moving to shut Oculus down completely.

According to Reuters, ZeniMax is seeking an injunction on sales of any product that uses their technology, which has been widely distributed to developers working on games for Oculus products, notably the Oculus Rift. If granted, it would likely limit what games are available for the Rift to a tiny handful, already a problem for a company with product sales lagging in its market.

This in turn raises the question of whether Oculus can stay afloat. The $500 million judgement was against both the company and its founders, including Palmer Luckey, and currently they’re appealing the verdict. It’s widely believed ZeniMax is trying to force a settlement and end the appeal process early. Either way, it seems unlikely that the saga of Facebook’s increasingly ill-fated foray into VR is over just yet.

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Related Forum: PC Gaming Forum

Source: http://uproxx.com/technology/oculus-zenimax-injunction/

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"Facebook’s VR Company Is Facing A Total Shutdown" :: Login/Create an Account :: 28 comments

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SakuPosted:

This is shocking man should of asked for their permission lol

SkatesPosted:

Maybe they will learn from this and get permission first before they do stuff.

ProJimmyRustlerPosted:

This kinda marks the end of VR. It was going no where fast.

If it doesn't die out completely, then mobile VR will be the future.
VR in it's current state does not accommodate enough people to be main stream.

FibrilPosted:

Now that Facebook lost this revenue I bet they'll increase selling out our privacy >.>

MelodicPosted:

GG Facebook, GG.

You just flew too close to the sun.
And as Greek mythology has taught us..
That's not a very smart thing to do.

322Posted:

Yatch Lol Why Would Facebook make a VR


They own oculus or did you fail to read the article and just post to get your count up? Oculus was really the first generation VR company.

ChatPosted:

It was interesting when I saw this, would have been a right laugh but rip.

MikePosted:

Lol Why Would Facebook make a VR