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Oculus Co-Founder Brendan Iribe Leaves Facebook

Accepted submission by takyon at 2018-10-22 23:36:45

Oculus co-founder is leaving Facebook after cancellation of 'Rift 2' headset []

Brendan Iribe, the co-founder and former CEO of Oculus, announced today that he is leaving Facebook, TechCrunch has learned.

Iribe is leaving Facebook following some internal shake-ups in the company's virtual reality arm last week that saw the cancellation of the company's next generation "Rift 2" PC-powered virtual reality headset, which he had been leading development of, a source close to the matter told TechCrunch.

Iribe and the Facebook executive team had "fundamentally different views on the future of Oculus that grew deeper over time," and Iribe wasn't interested in a "race to the bottom" in terms of performance, we are told.

[...] The cancellation of the company's next-gen PC-based "Rift 2" virtual reality product showcases how the interests of Facebook's executive leadership have centered on all-in-one headsets that don't require a connection to an external PC or phone. In May, Oculus released the $199 Oculus Go headset and plans to release the $399 Oculus Quest headset sometime next spring.

Also at CNBC [], The Verge [], and Gizmodo [].

Previously: Founder of Oculus VR, Palmer Luckey, Departs Facebook []
Instagram Co-Founders to Step Down From Facebook []

Related: Facebook Launches Oculus Go, a $200 Standalone VR Headset []
Facebook Announces a New Standalone VR Headset: Oculus Quest; HTC Releases Vive Wireless Adapter []

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