Business News Roundup, Jan 12
Oculus VR, the maker of virtual reality goggles that Facebook is acquiring for $2 billion, was accused by ZeniMax Media of misappropriating intellectual property it claims is worth billions of dollars.
Oculus wrongfully took copyrighted computer code, trade secrets and technical know-how and exploited it, according to a complaint filed Tuesday by ZeniMax, a video game maker, in federal court in Dallas.
The Menlo Park social network is making a bet that virtual reality will be the next mainstream method of communication, after mobile phones.
Facebook plans to help Oculus make its Rift virtual reality product mainstream, with capital to hire more engineers and build out a supply chain.
United Airlines is bumping up the retirement date of its Boeing 747 aircraft.
The jumbo jet will make its final United flight in the last three months of the year, airline President Scott Kirby wrote in a letter to employees Wednesday.
Today, there are more fuel-efficient, cost-effective and reliable widebody aircraft that provide an updated inflight experience for our customers traveling on long-haul flights, Kirby wrote.
President Obama’s tweet following his farewell address to the nation has become the most popular post on the presidential account.
Twitter spokesman Nick Pacilio says that outperforms his previous top tweet, a message posted after the Supreme Court’s June 2015 decision to overturn state bans on same-sex marriage.
Lacking authority to change the laws of physics to allow more sunlight on the darkest days of winter, a special commission is instead considering whether Massachusetts should change the laws of man and observe daylight-saving time year-round.
If adopted, Massachusetts residents wouldn’t have to set their clocks back in November and forward in March, as most of the U.S. does.
Benefits of having daylight-saving time throughout the year could include energy savings and less seasonal depression, proponents suggest.
[...] if the sun sets later in the day it also would rise later in the morning, posing dangers for children walking to school in the dark.
A Rhode Island lawmaker proposed a bill last year that he hoped would lead the entire Northeast region to shift one-hour eastward to the Atlantic Time Zone, which includes several Canadian maritime provinces.