$500M Oculus Verdict Underscores Importance Of Non-Disclosure Agreements
A Dallas jury awarded ZeniMax Media $500 million against defendant Oculus VR despite ruling that Oculus did not misappropriate any ZeniMax trade secrets. Of the $500 million award, $200 million arose from Oculus's alleged breach of a non-disclosure agreement.
US Dept. Of Transportation Embraces Self-Driving Technology
The US Department of Transportation has indicated that it is ready to embrace self-driving technology. A proposed new rule by the National Highway Traffic Safety Administration (NHTSA) would require all newly built light-duty vehicles to carry vehicle-to-vehicle (V2V) communication technology.
On May 11, 2016, President Barack Obama signed into law the Defend Trade Secrets Act (DTSA). The DTSA may be the most significant expansion of intellectual property law by the federal government since the Lanham Act (1946).