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The XR Week Peek (2021.07.05): Facebook to have $6B of losses for the VR business, investments in XR are on the rise, and more!

The Ghost Howls

and also why the $2+B investment in Magic Leap was not enough to bring it to success. District Court for the District of Columbia has dismissed both cases. Creating a successful hardware and software ecosystem may require losses in the dozens of billions of dollars. But actually, this has not happened.