Oculus Rift in Trouble as Co-Founder Abandons Facebook
As Oculus Rift co-founder Brendan Iribe exists his post at Facebook, the emerging tech begins to feel the pressure of an anemic market.
Oculus Rift's parent company, Facebook. has also faced a rotating door of c-level executives and has otherwise been plagued by security breaches - two troubling signs for the social media company. But looking specifically at the VR arm, Iribe says that his departure is a movement focused "to recharge, reflect and be creative."
However, it is more likely in part to the fact that Facebook has effectively canceled the Rift 2, a successor to the popular VR headset. The project was really in the dark with scare updates but it had hinted at potential upgrades such as wireless add-on's, a higher-resolution display (1440p per eye would be a nice bump at minimum), a lighter design with better breathability, and other similar improvements. Which wouldn't exactly be a monumental step for the industry, but it certainly was a step in the right direction to build affordable, powerful VR for the mass consumer.