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Magic Leap Finds Fresh Capital Injection

Magic Leap lead has raised another $350 million for new and existing investors, The Information reports. As a result, the much-hyped mixed-reality headset-maker will not be laying off as many employees as it had planned. Earlier this year, the company said it was planning to cut about 1,000 positions. Magic Leap previously raised about $2.6 billion.

Read the whole story at The Information »

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