Facebook’s Virtual Reality Foray Challenged as ‘Fanciful Story’

By Tom Korosec, Bloomberg News

Facebook Inc.bet early on virtual reality, buying Oculus VR2 1/2 years ago to get its groundbreaking headset. Now it’s fighting claims that the Oculus Rift was built with stolen technology and promoted with a false origin story about a young entrepreneur tinkering in his parents’ garage.

What started as a falling out between tech geeks is now a messy $2 billion dispute that may drag Facebook co-founder Mark Zuckerberg onto the witness stand in a Dallas courtroom. The social media giant is accused of completing its acquisition of Oculus in 2014 with “full ...