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The XR Week Peek (2020.06.13): Magic Leap exploring a sale, events are going virtual and more!

The Ghost Howls

Image by Magic Leap). Magic Leap is on sale. A report on Bloomberg informed us all that Magic Leap is exploring a sale of the company. The sales never skyrocketed and now Magic Leap is in desperate need of cash , after many layoffs, disappointing sales, and having put its IP as collaterals to a bank.

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AR Optics Company Lumus Secures Further $30M in Funding

Road to VR

Leung, vice chairman and president of Taiwan-based Quanta. million Series C investment in Magic Leap earlier this year , the new financing is a tremendous boost to Lumus. “AR/VR is well aligned with our growth strategy and we’re pleased to invest in the Lumus optics solution for augmented reality”, says C.C.

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Rumor: Apple Reportedly Suspends Work on Consumer AR Headset

Road to VR

A DigiTimes Taiwan report (via MacRumors ) now suggests that Apple has disbanded the team behind it, effectively putting its consumer AR device on hold. The Cupertino-based tech giant may be pumping the brakes on its long-rumored Apple AR headset , something that was reportedly slated to see a release as early as 2020.

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Holographic Waveguides: What You Need To Know To Understand The Smartglasses Market

UploadVR Between Realities podcast

Magic Leap. For a secretive company, we can learn a lot about Magic Leap from their patent filings and acquisitions, namely that they launched without a clear path to executing their vision. In April of last year Abovitz landed himself on the cover of Wired magazine with what was dubbed the Magic Leap “photonic chip.”

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How to be a good VR startupper – Part 1

The Ghost Howls

I wrote a review on Magic Leap One because my friend (and ex partner ) Gianni made me try it. And when I was in Taiwan, someone told me this very crude sentence: (Almost) no one is making money in VR at this moment. Maquette by Microsoft). Try to spare money whenever you can. The market is not there yet.

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The XR Week Peek (2021.05.24): Snap releases new Spectacles AR glasses, Quest releases runtime v29, and more!

The Ghost Howls

Microsoft confirms (again) it wants to build consumer HoloLens. Alex Kipman, the mind behind Microsoft HoloLens, has confirmed again in an interview that Microsoft will one day build a consumer version of HoloLens. I hope this proves to be effective so that to help people affected by fibromyalgia and other similar diseases.

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