Facebook (NASDAQ: FB), Oculus together with other defendants were ordered by a jury to pay a combined $500 million to ZeniMax Media in a lawsuit involving its virtual reality (VR) technology. Facebook purchased Oculus for $2 billion in a cash and stock deal in 2014. The social network giant made the acquisition because its CEO Mark Zuckerberg believes that virtual technology would be the next great evolution and Oculus has the potential to become the most social platform. The video game publisher accused Oculus, its founder Palmer Luckey, CEO Brendan…
Read MoreFacebook, Oculus, others to pay ZeniMax $500 million in VR lawsuit
