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Home Enterprise

Oculus Co-founder Palmer Luckey Departs Facebook in Wake of Intellectual Property Litigation

Paul Balo by Paul Balo
March 31, 2017
in Enterprise, Social Media
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Palmer Luckey, the visionary mind behind the groundbreaking VR company Oculus, has announced his departure from Facebook, the tech giant that acquired his revolutionary venture for a whopping $2 billion in March 2014. Luckey, who found himself embroiled in a swath of legal battles concerning intellectual property rights, has confirmed his exit from the social media conglomerate, this announcement coming hot on the heels of allegations surrounding the veracity of his invention claims.

ZeniMax Media levelled accusations at Oculus, asserting that the concept foundation for Oculus was built upon ZeniMax’s proprietary software. Upon trial conclusion, the court ruled in favor of ZeniMax, decreeing that Palmer Luckey was liable for a payment totalling $50 million for the inaccurately attributed foundation of Oculus.

However, ZeniMax didn’t stop there. Post-trial, they ramped up their lawsuit efforts against Facebook, this time concerning the latter’s acquisition of Oculus.

In response to Luckey’s departure, Facebook extended their appreciation for his monumental contributions to the company and the entire virtual reality industry, stating, “We’re thankful for everything Luckey did for Oculus and VR, and we wish him all the best.”

Beyond his technical innovations, Luckey has made headlines for other reasons. He donated $10,000 to Nimble America, a pro-Trump organization. The issue at hand isn’t the nature of his donation itself, but rather the ethos that Nimble America embodies. According to The Daily Beast’s coverage on Nimble America, this organization prides itself on being a “Trump meme machine” committed to affirming that “shitposting is powerful and meme magic is real.” It has claimed responsibility for a billboard, allegedly established on the outskirts of Pittsburgh, featuring an exaggeratedly large caricature of Hillary Clinton captioned with the inscription “Too Big to Jail.”

Understandably, this display of support hasn’t been well-received in the predominantly liberal landscape of Silicon Valley. This leads us to question if his contentious donation from four months prior might have played a role in catalyzing his departure from Facebook.

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Tags: facebookoculusoculus riftpalmer luckey
Paul Balo

Paul Balo

Paul Balo is the founder of TechBooky and a highly skilled wireless communications professional with a strong background in cloud computing, offering extensive experience in designing, implementing, and managing wireless communication systems.

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