Magic Leap said to be ‘doing 1,000 things badly’ after raising $1.4 billion
Magic Leap has raised an astounding $1.4 billion for its augmented reality smartglasses since 2014. But the company has run into considerable negative publicity...
Magic Leap CEO responds to hype-bursting report that its tech is subpar
Magic Leap, a buzzy augmented reality startup privately valued at $4.5 billion, overhyped its technology, according to a report on Thursday. The article by...
Venture capitalists contemplate how much exuberance is good for VR investing
Is virtual reality a bubble? That’s a common question in a number of panels I’ve covered in the past year. The answer isn’t quite...
Presence Capital investor predicts the 2017 market for AR/VR
After nearly a year of investing in virtual reality and augmented reality startups, Amitt Mahajan is still bullish on the market. The cofounder of...
How corporate strategic investors look at AR/VR deals
Corporate investors have been fueling a lot of the fundings for augmented reality and virtual reality startups. Like venture capitalists, they’re excited about the...
Magic Leap will soon have a developer testing lab at Lucasfilm in San Francisco
Magic Leap’s relationship with Disney extends to a “secret” lab in San Francisco, where developers will be invited to work on projects prior to the...
Disney’s Lucasfilm announces strategic relationship with mixed reality firm Magic Leap
Lucasfilm and Magic Leap have announced a strategic alliance to create mixed reality technology together. The partners will set up a new lab for...
Magic Leap acquires Israeli security firm NorthBit
When you’re messing with reality, you’re probably going to want a decent security system. Augmented reality company Magic Leap has acquired the Israeli-based NorthBit...
Oculus founder Palmer Luckey on Minecraft in VR and launching the Rift
After years of development and demos, virtual reality’s moment of truth is approaching. And that’s pretty exciting for Palmer Luckey, the founder of Oculus...
This augmented reality demo shows how you can turn rock wall climbing into a game
Everybody knows that gaming could be big on augmented reality (the process of adding computer-generated images to your actual view of the real world),...