Interested in learning what's next for the gaming industry? Join gaming executives to discuss emerging parts of the industry this October at GamesBeat Summit Next. Register today.


(Reuters) — A federal court in Dallas on Wednesday halved the $500 million verdict that a jury ordered Facebook, its virtual reality unit Oculus, and others to pay ZeniMax, a video game publisher that alleged Oculus stole its technology.

U.S. District Judge Ed Kinkeade also turned down ZeniMax’s request for a ban on the sale or promotion of Oculus’ products that ZeniMax alleged violated its copyrights.

The $250 million ordered against Oculus and its co-founders Palmer Luckey and Brendan Iribe to pay ZeniMax for false designation lacked sufficient evidence for damages, Judge Kinkeade said in his order.

Lawyers for Facebook and ZeniMax were not immediately available for comment outside regular business.

Event

MetaBeat 2022

MetaBeat will bring together thought leaders to give guidance on how metaverse technology will transform the way all industries communicate and do business on October 4 in San Francisco, CA.

Register Here

ZeniMax sued Oculus in May 2014, alleging that trade secrets were stolen during development of a gaming headset by Oculus.

In February 2017, a U.S. jury in Dallas ordered Facebook, Oculus and other defendants to pay a combined $500 million to ZeniMax, after finding that Oculus used ZeniMax’s computer code to launch the Rift virtual-reality headset.

The lawsuit was filed after Facebook bought Oculus for about $2 billion in 2014.

The case was in the U.S. District Court, Northern District of Texas, Dallas Division.

GamesBeat's creed when covering the game industry is "where passion meets business." What does this mean? We want to tell you how the news matters to you -- not just as a decision-maker at a game studio, but also as a fan of games. Whether you read our articles, listen to our podcasts, or watch our videos, GamesBeat will help you learn about the industry and enjoy engaging with it. Learn more about membership.