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Oculus CTO Is Suing ZeniMax | Crunch Report

March 10, 2017
by
TechCrunch
YouTube video player
Oculus CTO Is Suing ZeniMax | Crunch Report

TL;DR

A startup has created ties made from spider webs, Oculus CTO is suing ZeniMax for unpaid earnings, and Google is hosting a machine learning startup competition.

Transcript

all threads creates a tie made from spider webs oculus CTO assuming ZeniMax for money never paid to him and Google's new startup competition Friday March tenth and this is crunch report we have special treat with you today you haven't had time made from cotton but I've made from wool and my neck I made from silk but today we express entry for you a... Read More

Key Insights

  • 🕷️ Bolt Threads has created a unique product, ties made from spider webs, showcasing innovation in fashion materials.
  • ❓ The legal battle between Oculus and ZeniMax continues, with Oculus CTO John Carmack now suing for unpaid earnings.
  • 🎰 Google's machine learning startup competition provides an opportunity for AI companies to receive significant funding and gain exposure.
  • ❤️‍🩹 The ties from Bolt Threads are high-end and exclusive, as they cost $314 and are limited edition.
  • 📬 The machine learning startup competition is open to startups from any industry, as long as they have raised less than $5 million and are incorporated in the United States.
  • 👾 Carmack's lawsuit against ZeniMax is separate from the recent trade secret case, focusing on unpaid earnings from his game studio sale.
  • 🕸️ The spider web ties are made from mass-produced fermented microbial cooper's bed, showcasing advancements in material technology.

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Questions & Answers

Q: What are the ties made from at Bolt Threads?

The ties at Bolt Threads are made from spider webs, specifically mass-produced from fermented microbial cooper's bed.

Q: How much does a tie from Bolt Threads cost?

The ties from Bolt Threads cost $314 each, but they are limited edition and only 50 were made. Those interested must sign up via lottery on the company's website.

Q: What is Oculus CTO John Carmack suing ZeniMax for?

Carmack is suing ZeniMax for $22.5 million in earnings that he claims are still owed to him from the 2009 sale of his game studio. This is unrelated to the recent trade secret case.

Q: What is Google's machine learning startup competition?

Google has partnered with venture capital firms to host a machine learning startup competition. The winner will receive $500,000 in funding and startups from any industry are eligible to apply.

Summary & Key Takeaways

  • A startup called Bolt Threads has created ties made from spider webs, using fermented microbial cooper's bed, and is selling limited edition ties for $314 each.

  • Oculus CTO, John Carmack, is suing ZeniMax for $22.5 million in unpaid earnings related to the 2009 sale of his game studio, unrelated to the recent trade secret case.

  • Google is hosting a machine learning startup competition where the winner will receive $500,000 in funding from venture capital firms Emergence Capital and Data Collective.


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