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posted by Fnord666 on Friday March 31 2017, @09:46AM   Printer-friendly
from the lucky? dept.

Palmer Luckey has left Facebook:

Palmer Luckey, a founder of the virtual-reality technology company Oculus, has left Facebook three years after the social network acquired his company for close to $3 billion. Mr. Luckey's departure was announced two months after a trial in federal court over allegations that he and several colleagues had stolen trade secrets from a video-game publisher, ZeniMax Media, to create the Oculus technology. A jury found Facebook liable for $500 million in damages, in part for Mr. Luckey's violation of a confidentiality agreement.

"Palmer will be dearly missed," Tera Randall, an Oculus spokeswoman, said in a statement. "His inventive spirit helped kick-start the modern VR revolution and helped build an industry." Ms. Randall declined to disclose the terms of Mr. Luckey's departure. [...] In January, Facebook appointed a new leader, Hugo Barra, to head up the company's virtual-reality efforts, including Oculus.

Will the first Palmer Luckey documentary be compatible with the next Oculus headset?

Also at TechCrunch, CNBC, and UploadVR.


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  • (Score: 2) by kaszz on Saturday April 01 2017, @02:12PM

    by kaszz (4211) on Saturday April 01 2017, @02:12PM (#487616) Journal

    You're right. Makes one really go hmm.. about what courts accept.

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