Facebook reportedly fired Oculus founder for being pro-Trump

Agencies
November 12, 2018

Washington, Nov 12: Facebook's firing of Oculus VR co-founder Palmer Luckey last year was reportedly on the grounds of him supporting US President Donald Trump, a media report has said.

According to a Wall Street Journal report on Sunday, Luckey was asked to leave after he donated $10,000 to an anti-Hillary Clinton group during the 2016 US presidential elections.

"His donation sparked a backlash from his colleagues. Six months later, he was out," the report added. Facebook had acquired Oculus in 2014 for $2 billion. Luckey never revealed why he left Facebook.

The WSJ spoke with people familiar with the matter, who said Luckey's support for Trump upset several at Facebook, as well as many in the Silicon Valley.

"Luckey's ouster from Facebook was a harbinger of battles that have broken out over the past year over the overwhelmingly liberal culture of Silicon Valley, which has given the tech industry public-relations headaches and brought unwanted attention from Washington," the report noted.

While testifying before Congress about data privacy earlier in 2018 though, Facebook CEO Mark Zuckerberg denied Luckey's departure had anything to do with politics.

Reacting to the WSJ report, Facebook said details about specific personnel are kept strictly confidential.

"We always made it clear that any mention of politics was up to Palmer, and we did not pressure him to say something that was not factual or true," Quartz reported, citing a Facebook statement.

In October, Luckey said his exit from Facebook was not of his own choosing.

"I can't talk about it too much, but I'll say that it wasn't my choice to leave," Luckey told CNBC.

Luckey left Facebook amid controversy surrounding his political contributions and financial support of far-right groups.

Another Oculus co-founder Brendan Iribe also announced to leave the social networking giant in October.

"So much has happened since the day we founded Oculus in July 2012. I never could have imagined how much we would accomplish and how far we would come. And now, after six incredible years, I am moving on," Iribe said in a Facebook post.

Several key Facebook executives have quit over the last months.

The Instagram co-founders Kevin Systrom and Mike Krieger left the company in September.

Zukerberg's goal to monetise WhatsApp forced the mobile messaging service's co-founders also to leave.

One of them, Brian Acton, told Forbes that Zuckerberg was in a rush to make money from the messaging service and undermine elements of its encryption technology.

WhatsApp Co-founder Jan Koum left Facebook in April.

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Agencies
June 21,2020

New Delhi, June 21: Diesel prices rise to record high after 60 paise hike in rates, petrol up 35 paise; rates up by Rs 8.88 and Rs 7.97 in 15 days.

Petrol price in Delhi was hiked to Rs 79.23 per litre from Rs 78.88, while diesel rates were increased to Rs 78.27 a litre from Rs 77.67, according to a price notification of state oil marketing companies. 

In Bengaluru, petrol will be costlier by 37 paise at Rs 81.81 per litre, while diesel will cost 57 paise more per litre at Rs 74.43.

Rates have been increased across the country and vary from state to state depending on the incidence of local sales tax or VAT.

The 15th daily increase in rates since oil companies on June 7 restarted revising prices in line with costs after ending an 82-day hiatus in rate revision, has taken diesel prices to a new high. The petrol price too is at a two-year high.

Over 63 per cent of the retail selling price of diesel is taxes. Out of the total tax incidence of Rs 49.43 per litre, Rs 31.83 is by way of central excise and Rs 17.60 is VAT. 

Petrol in Mumbai costs Rs 86.04 per litre and diesel is priced at Rs 76.69.

Prior to the current rally, the peak diesel rates had touched was on October 16, 2018 when prices had climbed to Rs 75.69 per litre in Delhi. The highest-ever petrol price was on October 4, 2018 when rates soared to Rs 84 a litre in Delhi.

When rates had peaked in October 2018, the government had cut excise duty on petrol and diesel by Rs 1.50 per litre each. State-owned oil companies were asked to absorb another Re 1 a litre to help cut retail rates by Rs 2.50 a litre.

Oil companies had quickly recouped the Re 1 and the government in July 2019 raised excise duty by Rs 2 a litre.

The government on March 14 hiked excise duty on petrol and diesel by Rs 3 per litre each and then again on May 5 by a record Rs 10 per litre in case of petrol and Rs 13 on diesel. The two hikes gave the government Rs 2 lakh crore in additional tax revenues.

Oil PSUs Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL), instead of passing on the excise duty hikes to customers, adjusted them against the fall in the retail rates that was warranted because of a decline in international oil prices to two-decade lows.

International oil prices have since rebounded and oil firms are now adjusting retail rates in line with them.

In 15 days of hike, petrol price has gone up by Rs 7.97 per litre and diesel by Rs 8.88 a litre.

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Agencies
August 2,2020

New Delhi, Aug 2: Union Home Minister Amit Shah today tested positive for COVID-19 coronavirus infection and has been admitted to a hospital. 

Shah took to social media today to inform about his infection. “I have tested positive but my health is fine," he said, adding that he has been hospitalised on the assistance of doctors. 

The Union Home Minister also appealed to those who came into close contact with him in the last few days to get themselves tested for COVID-19.

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Agencies
August 3,2020

Manila, Aug 2: The number of COVID-19 cases in the Philippines has exceeded the 100,000 marks with a record 5,032 new infections registered on Sunday, the Health Ministry's data showed.

With the total cases now reaching 103,185, the spread of COVID-19 in the Southeast Asian nation is steeply rising. The daily growth rate just this Thursday set a record at over 3,800 cases, the next day there were nearly 4,000 new infections detected and on Saturday, over 4,800 cases were detected.

More than 65,000 people have recovered from the ailment, while 2,059 people have died.

The Philippines' epidemiological dynamic mirrors that of many Southeast Asian nations, where COVID-19 infections have only recently begun to climb. 

Most other nations in Europe and the Americas experienced an initial spread of the virus which later tailed off only to begin climbing again after easing of restrictions.

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