Friday, May 22, 2020

Magic Leap’s shell game continues with new $350 million investment

Almost exactly a month ago Magic Leap announced that it was laying off half of their employees, blaming the COVID-19 crisis rather than having sold only 6000 headsets in 6 months, despite raising more than $2 billion from investors which includes Alphabet, Alibaba, Qualcomm and others. Now it appears the company has been rescued by […]

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