TechCrunch considers why Magic Leap has so far failed to find a mass audience for its virtual-reality headsets. In a nutshell, the company has been unable to sufficiently miniaturize its technology,
TechCrunch suggests. “That’s the crux of the matter, the answer to how and why Magic Leap raised $2.6 billion dollars, then laid off half its employees, while hardly releasing anything at
all in seven years,” it writes.
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