• Another Facebook exec heads for the door - this time it's Oculus co-founder Brendan Iribe

    22 days ago - By TheBoyGeniusReport

    Another Facebook executive is moving on. This year has seen the departure from Facebook of several key leaders like the founders of Instagram and the co-founders of WhatsApp, and now it's time to add Oculus co-founder Brendan Iribe to that list.
    In a Facebook post announcing his departure, which you can read below, Brendan doesn't really give a specific reason for his exit. He does, however, allude to the fact that this will be the first real break he's taken in more than 20 years and certainly his first time off since Facebook acquired the VR headset company back in 2012.
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  • Oculus pulls plug on Rift VODs in wake of another founder departure

    Oculus pulls plug on Rift VODs in wake of another founder departure

    22 days ago - By The Next Web

    Facebook's Oculus is discontinuing the storefront that allows users to purchase or rent movies to view in their Rifts. Instead, the company says its users are more interested in gaming than they are in anything else. Besides the store, the company is also reimbursing users for their past purchases - which makes sense, as they're apparently also cutting off their ability to view said movies. According to Variety, the primary reason for shutting down the store appears to be apathy from users. In an email to consumers, a spokesperson says: Over the years, we've seen how people use VR for...
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