Plot summary
Jaxon Xavier (Andy Berman), a computer geek billionaire, invites Lois and Clark to experience and review his new virtual reality program but his real motives show when he traps the two of them inside the program. Jaxon is obsessed with Lois and Lex Luthor and wants to extract some information from her to get into Luthor's computer brainwashing programme. Lois and Clark realize that they are trapped in the program when they notice that Clark does not have his superpowers. Clark manages to escape and he returns, as Superman, with the help of Jimmy to save Lois.
In the process it is revealed that Jaxon is Luthor's illegitimate son and the three of them use that information against him to escape to virtual reality. Jaxon's real purpose was to kill Superman, brainwash world leaders and make his father proud, but the system crashes and Jaxon's mind is trapped inside his virtual world forever.
Credits
Adapted from Wikipedia contributors, Lois & Clark: The New Adventures of Superman season 3. HTML formatting and reference markers removed.