IMAX Closes Down Its VR Experience Centers

IMAX has submitted an SEC filing that indicates the company will be shutting down its IMAX VR centers that they have launched over the past two years. In the listed SEC document the company states the following: “In connection with the Company’s previously-announced strategic review of its virtual reality pilot initiative, the Company has decided to […]

ZeniMax And Facebook Come To A Settlement

ZeniMax Media, parent company to Bethesda, has come to an agreement with Facebook in regards to the litigation against Oculus and the executive team. Zenimax first accused Carmack of illegally copying thousands of documents containing ZeniMax’s IP. “On August 1, 2013, Carmack became Oculus’s Chief Technology Officer (“CTO”). Before leaving ZeniMax, Carmack secretly and illegally […]