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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

Updated 3 hours ago - Health

DeSantis issues order barring Florida schools from mandating masks

Photo: Michael Reaves via Getty Images

Florida Gov. Ron DeSantis (R) on Friday issued an executive order that bars local school districts from requiring students to wear masks when they return to the classroom next month.

Why it matters: The spread of the Delta variant has led to a spike in new infections across the United States, triggering another round of debate about COVID guidelines in schools.

Updated 4 hours ago - Economy & Business

More corporations are requiring workers to get vaccinated

Graphic: Axios Visuals

Life for the unvaccinated could get more difficult as bosses increasingly move to make COVID-19 vaccines mandatory.

The big picture: The federal Government in May said that it is legal for companies to require employees to get vaccinated for coronavirus.

Updated 4 hours ago - Politics & Policy

DOJ sues Texas over restrictions on undocumented migrant travel

Photo: Samuel Corum-Pool via Getty Images

The Justice Department sued Texas on Friday over Gov. Greg Abbott's (R) executive order restricting transportation of undocumented migrants.

Driving the news: The DOJ is asking a federal judge to block the order immediately. It's the latest clash between Texas and President Biden's Justice Department.