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May 21, 2020 09:05 pm GMT

Magic Leap has apparently raised another $350 million, in spite of itself

Magic Leap has reportedly received a $350 million lifeline, a month after slashing 1,000 jobs and dropping its consumer business. Noted by Business Insider and confirmed by The Information, CEO Rony Abovitz sent a note to staff announcing the funding, courtesy of unnamed current and new investors. The who and more importantly, why […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/4G6givc4zmM/

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