Saudi Arabia, Japan strengthen cultural collaboration with new MoU    Slovak president meets Saudi delegation to bolster trade and investment ties    Civil Defense warns of thunderstorms across Saudi Arabia until Tuesday    Saudi defense minister meets with Swedish state secretary    Navigating healthcare's future: Solutions for a sustainable system    Sixth foreign tourist dies of suspected methanol poisoning in Laos    Hungary's Orbán vows to ignore war crimes arrest warrant for Netanyahu    Russia gives North Korea million barrels of oil, breaking sanctions: report    Al Khaleej qualifies for Asian Men's Club League Handball Championship final    Katy Perry v Katie Perry: Singer wins right to use name in Australia    Trump picks Pam Bondi as attorney general after Matt Gaetz withdraws    Al-Jasser: Saudi Arabia to expand rail network to over 8,000 km    OMODA&JAECOO: Unstoppable global cumulative sales over 360,000 units    Al Hilal doesn't need extra support to bring new players, CEO says    Saudi Arabia sees 73.7% rise in investment licenses in Q3 2024    Rafael Nadal: Farewell to the 'King of Clay'    Indonesia shocks Saudi Arabia with 2-0 victory in AFC Asian Qualifiers    Sitting too much linked to heart disease –– even if you work out    GASTAT report: 45.1% of Saudis are overweight    Denmark's Victoria Kjær Theilvig wins Miss Universe 2024    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Facebook's Zuckerberg questioned at trial over virtual-reality technology
Published in Alriyadh on 18 - 01 - 2017

Facebook Inc (FB.O) chief executive Mark Zuckerberg took the witness stand in Dallas federal court on Tuesday and denied an allegation by a rival company that the virtual-reality technology of Facebook's Oculus unit was stolen.
Zuckerberg, the founder of one of the world's largest companies, faced hours of tough, public questioning about where Oculus obtained its ideas and how much he knew about the startup when Facebook bought it for $2 billion.
A jury is hearing evidence in a civil lawsuit brought by videogame publisher ZeniMax Media Inc against Oculus in 2014, in the middle of the Facebook-Oculus deal. ZeniMax said that Oculus unlawfully used its intellectual property to develop the virtual-reality system that includes the Rift headset.
During one heated exchange with ZeniMax lawyer Tony Sammi, Zuckerberg told a jury in the crowded courtroom that the technology was not even fully formed when Facebook bought it.
"Improving on that technology doesn't make it yours," Sammi countered. "If you steal my bike, paint it and put a bell on it, does that make it your bike?"
Zuckerberg, wearing a dark suit and striped tie rather than his typical T-shirt and jeans, answered, "no," but then added: "The idea that Oculus technology is based on someone else's is just wrong."
The 32-year-old Facebook founder has spoken about virtual reality as an important part of the company's future business, especially as the technology becomes less expensive and its uses clearer.
The Oculus acquisition was more expensive than the $2 billion price tag indicated, Zuckerberg said in court, describing $700 million spent to retain employees and $300 million in payouts for reaching milestones. Oculus originally wanted $4 billion, he said.
Sammi questioned whether Facebook knew what it was doing when it made the acquisition. Zuckerberg said the Oculus deal was done over a weekend in 2014, which Sammi said did not show sufficient due diligence. Zuckerberg said, though, in later testimony that Facebook researched Oculus for months.
At the time, Zuckerberg testified, he was not aware of any theft claims against Oculus.
"It's pretty common when you announce a big deal that people just come out of the woodwork and claim they own some part of the deal," Zuckerberg said.
On the stand, he also gave details about Facebook's $22 billion purchase of messaging service WhatsApp in 2014. While the deal was in progress, another company he did not identify made a last-minute bid that was higher, Zuckerberg said, but WhatsApp declined because of its good relationship with Facebook.
The Oculus lawsuit, in the sixth day of a jury trial, relates in part to programmer John Carmack.
Well-known for helping to conceive games such as "Quake" and "Doom," Carmack worked for id Software LLC before that company was acquired by ZeniMax. He is now the chief technology officer at Oculus.
Zuckerberg denied that Carmack has unfairly used computer code from his previous position. "There is no shared code in what we do," he said.
Zuckerberg said he has been interested in virtual reality since he was a student, but thought it was decades away from happening before he encountered Oculus. He told jurors how he used virtual reality to capture his daughter's first steps, so her grandparents could experience it later.
"We want to get closer to this kind of perfect representation, so you can capture a moment you had," he said.
The case is ZeniMax Media Inc et al v. Oculus VR Inc et al, U.S. District Court for the Northern District of Texas, No. 3:14-cv-1849.


Clic here to read the story from its source.