Oculus Founder Exits Facebook After Criticism on Election Memes

Facebook started distancing itself from Palmer Luckey after a report he was financing a group creating anti-Hillary Clinton memes.

Oculus Founder Not So ‘Luckey’ at Facebook

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Facebook Inc. said Palmer Luckey, the 24-year-old founder of Oculus, has left the social network’s virtual reality unit.

Facebook bought Oculus for about $2 billion in 2014. Luckey served as a face of the virtual reality company, appearing on magazine covers and on lists of young entrepreneurs to watch, and had the job of convincing developers to build for Oculus.