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Fast Forward

Mark Zuckerberg Denies Facebook Stole Virtual Reality Technology

Facebook Inc Chief Executive Officer Mark Zuckerberg took the witness stand in Dallas federal court on Tuesday and denied an allegation by a rival company that Facebook’s virtual-reality technology of its Oculus unit was stolen.

Zuckerberg, wearing a suit and tie rather than his typical T-shirt, was still on the witness stand after more than an hour of testimony in a civil lawsuit brought by videogame publisher ZeniMax Media Inc.

ZeniMax sued Oculus in 2014 as Facebook was in the process of buying the startup for $2 billion over allegations that Oculus unlawfully gained access to ZeniMax’s intellectual property.

Zuckerberg told the jury: “I’m here because I believe they’re false, and it’s important to testify to that.”

He added: “Oculus products are based on Oculus technology.”—Reuters

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