Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Denver news in your inbox
Catch up on the most important stories affecting your hometown with Axios Denver
Des Moines news in your inbox
Catch up on the most important stories affecting your hometown with Axios Des Moines
Minneapolis-St. Paul news in your inbox
Catch up on the most important stories affecting your hometown with Axios Twin Cities
Tampa Bay news in your inbox
Catch up on the most important stories affecting your hometown with Axios Tampa Bay
Charlotte news in your inbox
Catch up on the most important stories affecting your hometown with Axios Charlotte
Marco Verch / Flickr cc
Palmer Luckey, the 24-year-old co-founder of Oculus — the virtual reality company Facebook acquired for $2 billion in 2014 — is leaving the social media giant at the end of this week, as UploadVR first reported and Facebook confirmed to Axios.
"Palmer will be dearly missed," a Facebook spokesperson told Axios in a statement. "We're thankful for everything he did for Oculus and VR, and we wish him all the best."
Bad PR: Luckey made headlines last year when the Daily Beast reported that he was linked to the right-wing, anti-Clinton group Nimble America. Luckey only admitted to donating to the group.
Luckey remained out of the public eye until January, when he testified in a trial over whether Oculus—and Facebook—had stolen trade secrets from ZeniMax, a company that previously employed Oculus CTO John Carmack. ZeniMax won the lawsuit, and Facebook and Oculus were ordered to pay $500 million for using its technology.