It is working for me now on both computers.. I have no idea why.. I have created a new account in windows, opened it there, worked, went back to my original account and it still worked..
However I did so many things over the course of trying to fix it that I can't really be sure if that is what fixed it..
I am still getting usb driver update recommended but I think I am just going to ignore it since it is working...
i am experiencing the same problem, it stopped working after a month, every 2-5 minutes, Oculus rift s stops and shows your display port is not plugged in, then the usb reconnecting again, and it just repeat this after another 2-5 minutes, which makes my oculus useless......still communicating with tech support, but I dont think they can solve the problem, must be a defect headset, I am send it to back warranty and see what they say about it. Really disappointed