Mar 30, 2017

Oculus co-founder Palmer Luckey to leave Facebook

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.

Go deeper

Centrist Democrats beseech 2020 candidates: "Stand up to Bernie" or Trump wins

Bernie Sanders rallies in Las Vegas, Nevada on Feb. 21. Photo: Mario Tama/Getty Images

Center-left think tank Third Way urgently called on the Democratic front-runners of the 2020 presidential election to challenge Sen. Bernie Sanders on the South Carolina debate stage on Feb. 25, in a memo provided to Axios' Mike Allen on Saturday.

What they're saying: "At the Las Vegas debate ... you declined to really challenge Senator Sanders. If you repeat this strategy at the South Carolina debate this week, you could hand the nomination to Sanders, likely dooming the Democratic Party — and the nation — to Trump and sweeping down-ballot Republican victories in November."

Situational awareness

Warren Buffett. Photo: Daniel Zuchnik/WireImage

Catch up on today's biggest news:

  1. Warren Buffett releases annual letter, reassures investors about future of Berkshire Hathaway
  2. Greyhound bars immigration sweeps
  3. U.S. military officially stops offensive operations in Afghanistan
  4. America's future looks a lot like Nevada
  5. Centrist Democrats beseech 2020 candidates: "Stand up to Bernie" or Trump wins

America's future looks a lot like Nevada

Illustration: Sarah Grillo/Axios

Today's Nevada caucus will foreshadow the future of American politics well beyond 2020.

Why it matters: The U.S. is in the midst of a demographic transformation, and the country's future looks a lot like Nevada's present. Today's results, in addition to shaping the 2020 race, will help tell us where politics is headed in a rapidly changing country.