Augmented Reality (AR), Breaking, Business, Exclusive, Gaming, Hardware, Internet, Internet of Things (IoT), Mobile Computing, News, Opinion, startups, Virtual Reality (VR), VR World

Magic Leap Could be a Great Strategic Acquisition

Since Magic Leap’s inception in 2011, there has been great innovation in the technology sector focused in the virtual reality (VR)/augmented reality (AR)/mixed reality (MR) space with Magic Leap trying to create a new hardware interface designs. However over the last 6 years, Magic Leap has continually run into issues with its product pipeline causing critics to swarm on the perceived failure of the company. Company culture has been on attack with allegation of misogyny and discrimination towards women. The company is at a crossroads and must pick a new direction to sustain its survival. Magic Leap has pivoted its business model on multiple occasions


Enterprise, Global Politics, US, VR World

Toshiba Curtails Consumer PC Business

Toshiba (TYO: 6502) has announced the scaling down of its consumer PC business to give more focus on its general business-to-business operations. This decision is in response to the company’s need to secure and stabilize its overall business structure, and as a result around 900 employees from the PC business division will be laid off. In accordance to the change and restructuring of its business operations, the Japanese electronics giant will be shifting more towards corporate-targeted services, such as provision of enterprise hardware like workstations and business-use mobile devices, as well as technology-based client solutions. Part of the plan also includes of the corporation’s extension of