The controversial cofounder of Facebook’s $2 billion bet on virtual reality is leaving the company

Alex Heath

Updated 30 March 2017 at 4:15 pm

Business Insider

Oculus cofounder Palmer Luckey is leaving Facebook, which acquired his virtual reality startup for $2 billion in 2014.

Palmer’s role at Oculus has been in flux since it was revealed in September that he secretly funded a Conservative group with a focus on viral, anti-Hillary Clinton memes.

The revelation created turmoil within the Oculus group at Facebook and led to multiple female employees resigning, people familiar with the matter told Business Insider.

“Palmer will be dearly missed,” an Oculus spokesperson told UploadVR on Thursday. “Palmer’s legacy extends far beyond Oculus. His inventive spirit helped kickstart the modern VR revolution and helped build an industry. We’re thankful for everything he did for Oculus and VR, and we wish him all the best.”

This story is developing.

NOW WATCH: Forget the iPhone 7 — here are 13 reasons the next iPhone will blow everyone away

The post The controversial cofounder of Facebook’s $2 billion bet on virtual reality is leaving the company appeared first on Business Insider.

Cosmo
Sabrina Carpenter looks practically naked in completely see-through lace mini dress
Sabrina Carpenter went braless wearing the Mirror Palais Anemone Dress in butter featuring illusion tulle adorned with lace appliqués along the neckline and hem
a day ago
People
“Call Her Daddy'”s Alex Cooper Models Her Wedding Night Lingerie in Instagram Reveal: See the Racy Look
Cooper wore a sexy lacy bodysuit from SKIMS' Wedding Shop collection after marrying Matt Kaplan in Mexico
2 days ago
The Telegraph
China is the enemy of the world and has nobody to blame but itself
Secretary of State Antony Blinken’s multi-day trip to China this week caps a particularly busy stretch of meetings between US and Chinese officials. Treasury Secretary Janet Yellen was in Beijing earlier this month where she delivered remarks about establishing a floor underneath the US-China relationship and was photographed drinking a beer at a local brewery. On April 5, US and Chinese defence officials held maritime talks for the first time in three years. And on April 16, US Defense Secretar
23 hours ago
Euronews
Russian actress who hosted 'almost naked' party fined for calling for peace in Ukraine
Anastasia Ivleeva fell foul of a law that sanctions remarks discrediting the Russian military.
22 hours ago
Yahoo News Singapore
Fatal accident in Tampines: 42-year-old driver involved in crash charged with four offences, including dangerous driving causing death
After a fatal collision in Tampines, Muhammad Syafie Ismail, 42, faces four charges including dangerous driving causing death.
a day ago
The Telegraph
Russia has found the critical vulnerability in Nato’s American tanks
The arrival of the US M1A1 Abrams tanks in Ukraine was hailed as a turning point in the war. Coming in at roughly $10 million a unit, the Nato stalwart was supposed to provide the armoured fist that would punch through the Russian lines. But tactics evolve quickly in warfare, and Russia’s use of surveillance and hunter-killer drones has led to heavy casualties for Ukraine’s tank fleets. This is alarming for NATO. If Russia has found critical vulnerabilities in our armour, our borders are beginni
2 hours ago
The Independent
Bully dog found beheaded, burnt and cut into pieces near children’s playground
A dog walker made the horrific discovery on Tuesday morning
a day ago
Evening Standard
Liverpool: Darwin Nunez tipped to be sold by Arne Slot after 'unforgivable error'
The striker was again guilty of a huge miss as Everton all but ended Liverpool’s title hopes
a day ago
INSIDER
Malaysia might add a casino to boost troubled $100 billion mega-development Forest City
The casino, which would only be the second in Malaysia, could revive the struggling property.
a day ago
The Telegraph
Horse trainer accused of rape and murder found dead at home
A horse trainer who was accused of the murder and rape of a showjumper he was in an “illicit relationship” with has been found dead before the second day of his trial was set to begin.
2 days ago
Country Living
Royal Expert Says Prince Harry Is in a "Painful Place" Due to Writing About Kate Middleton in 'Spare'
A royal expert says Prince Harry is in a painful place after writing about Kate Middleton in his bombshell-filled memoir, 'Spare.'
16 hours ago
CNN
Secret Service says agent on Harris’ detail was removed from assignment after distressing behavior
A Secret Service agent assigned to Vice President Kamala Harris’ detail was removed from their assignment after displaying behavior that colleagues found “distressing,” the agency said.
12 hours ago
The Telegraph
‘It is abuse... enough is enough’: Marcus Rashford’s message to Man Utd fans – posted at 12.36am
Marcus Rashford has hit out at the abuse he has suffered this season and said “enough is enough”.
an hour ago
InStyle
Prince Edward and Duchess Sophie Feel Disappointed by King Charles Royal Title "Snub"
The "chosen ones" are reportedly sad they didn't get new roles after Prince William and Kate Middleton's latest appointments.
a day ago
The Telegraph
Mohamed Salah can spearhead Liverpool’s new era but the jury is out on Darwin Nunez
In the aftermath of a particularly demoralising defeat, former Liverpool manager Gerard Houllier once appealed to the Kop with the observation: “We don’t destroy our heroes today when we worshipped them yesterday.”
a day ago
Cinema Online
Jacky Wu and his "Mr. Player" team filmed in Penang for four days
The Taiwanese host is back in Penang again after filming in the island back in 2015 and 2019
11 hours ago
France 24
🔴 Live: Students at elite Paris university join pro-Palestinian protest movement
Egypt sent a high-level delegation to Israel on Friday with the hope of brokering a cease-fire agreement with Hamas in Gaza, two officials said. At the same time, it warned that a possible Israeli offensive focused on Gaza's city of Rafah – on the border with Egypt – could have catastrophic consequences for regional stability.Egypt's top intelligence official, Abbas Kamel, is leading the delegation and plans to discuss with Israel a “new vision” for a prolonged cease-fire in Gaza, an Egyptian of
10 hours ago
The Telegraph
The five horrible defensive mistakes that derailed Liverpool’s title bid
When you are fighting to stay in the title race and need a win at the home of your city rivals, you cannot get away with the calamitous defending that gifted Everton the lead against Liverpool.
2 days ago
SETHLUI.COM
Shi Wei Da Satay Bee Hoon — Michelin-approved stall to shutter on 30 Apr 2024
The post Shi Wei Da Satay Bee Hoon — Michelin-approved stall to shutter on 30 Apr 2024 appeared first on SETHLUI.com.
8 hours ago
SETHLUI.COM
10 best makan places in Sutera Mall for a recharge from shopping fatigue
The post 10 best makan places in Sutera Mall for a recharge from shopping fatigue appeared first on SETHLUI.com.
a day ago

NOW WATCH: Forget the iPhone 7 — here are 13 reasons the next iPhone will blow everyone away

Latest stories