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Why Oculus Cofounder Iribe Is Leaving Facebook

Why Oculus Cofounder Iribe Is Leaving Facebook

On October 22, Brendan Iribe, the cofounder of Facebook’s (FB) VR (virtual reality) unit, Oculus, left the company. He disclosed the news in a tweet as well as on his Facebook page. Iribe served as Oculus’s CEO until 2016 but later shifted to a lower-ranking position at Oculus.