Augmented reality hits economic reality in the case of Magic Leap

http://feedproxy.google.com/~r/venturebeat/SZYF/~3/8BV5F_1pnFQ/

Magic Leap just announced its intention to focus on the enterprise market, after years of branding itself as a consumer device company. The corporate press release blamed COVID-19 for the required pivot, and nearly 1,000 employee have been laid-off; almost half its workforce.
However, this shift toward the enterprise market is not driven by the COVID-19 crisis.  » ….