Oculus co-founder Luckey to leave Facebook
Oculus co-founder Palmer Luckey will leave Facebook Inc. , the social-media company confirmed late Thursday. "Palmer's legacy extends far beyond Oculus. His inventive spirit helped kickstart the modern VR revolution and build an industry. We're thankful for everything he did for Oculus and VR, and we wish him all the best," Facebook said in a statement. Facebook bought Oculus for $2 billion in 2014. Last year, revelations that Luckey funded a pro-Donald Trump organization led some developers to pull their support from one of Oculus' virtual-reality headsets.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.