11 hours ago
In April 2017, Facebook announced a $1 billion investment in virtual reality company Oculus, with the vision for the two platforms to work together. However, the companies have since been involved in a dispute over the acquisition of Oculus, and subsequently, the sale of their VR software to Microsoft. In 2018, Facebook lost a motion for a summary judgement of fair trade and in June 2018, a jury found Oculus had a binding contract with Facebook.