Oculus co-founder departs Facebook after Rift 2 cancelled

Category: News

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

Iribe announced his departure in a Facebook post yesterday, thanking his colleagues and employees who’ve been a part of the Oculus journey since it began in 2012. Notably (and unsurprisingly) absent from that list any mention of Oculus’ other co-founder Palmer Lucky who remains one of Silicon Valley’s ostracised Trump funders.

While Iribe doesn’t mention it his departure from Facebook is said to have come at the cancellation of the company’s successor to the popular Oculus Rift headset. It’s believed the desired growth path is to concentrate on all-in-one solutions like the recently announced Oculus Quest.

Cancellation of the “Rift 2” should ring alarm bells for PC VR gamers whom are now potentially left with only one unit being actively developed by HTC.

Facebook have since stated that the Rift is definitely not be shuttered and they’re still developing the headset but who believes anything Facebook says at this point?

Source: Oculus co-founder is leaving Facebook after cancellation of ‘Rift 2’ headset | TechCrunch

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