Did more digging in the event logs...
Microsoft -> Windows -> Kernel-EventTracing
'Session "ETW USB tracing" failed to start with the following error: 0xC0000022'
Found this.. »
forums.oculusvr.com/comm ··· sconnectLooked for OVRServiceLauncher and found lots of messages from that service that match the one in that Oculus Forum.
'The description for Event ID 0 from source OVRServiceLauncher cannot be found. Either the component that raises this event is not installed on your local computer or the installation is corrupted. You can install or repair the component on the local computer.
If the event originated on another computer, the display information had to be saved with the event.
The following information was included with the event:
[LauncherService] Watched process C:\Program Files\Oculus\Support\oculus-runtime\OVRServer_x64.exe died with -1073741819! 9 relaunches remaining.
'