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Title    Founder of Oculus VR, Palmer Luckey, Departs Facebook
Date    Friday March 31 2017, @09:46AM
Author    Fnord666
Topic   
from the lucky? dept.
https://soylentnews.org/article.pl?sid=17/03/31/0313224

takyon writes:

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.


Original Submission

Links

  1. "takyon" - https://soylentnews.org/~takyon/
  2. "Palmer Luckey" - https://en.wikipedia.org/wiki/Palmer_Luckey
  3. "left Facebook" - https://www.nytimes.com/2017/03/30/technology/facebook-oculus-founder-departs-virtual-reality.html
  4. "acquired his company" - https://www.nytimes.com/2014/03/26/technology/facebook-to-buy-oculus-vr-maker-of-virtual-reality-headset.html
  5. "allegations that he and several colleagues" - https://www.nytimes.com/2017/02/01/technology/facebook-earnings-oculus-lawsuit.html
  6. "appointed a new leader" - https://www.nytimes.com/2017/01/26/technology/facebook-virtual-reality-hugo-barra.html
  7. "TechCrunch" - https://techcrunch.com/2017/03/30/palmer-luckey-facebook/
  8. "CNBC" - http://www.cnbc.com/2017/03/30/oculus-co-founder-palmer-luckey-to-leave-facebook.html
  9. "UploadVR" - https://uploadvr.com/palmer-luckey-departs-facebook/
  10. "Original Submission" - https://soylentnews.org/submit.pl?op=viewsub&subid=19385

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printed from SoylentNews, Founder of Oculus VR, Palmer Luckey, Departs Facebook on 2022-12-08 07:20:34