{"id":655,"date":"2020-05-26T17:11:00","date_gmt":"2020-05-26T17:11:00","guid":{"rendered":"https:\/\/vrobserver.wpengine.com\/?p=655"},"modified":"2021-11-20T10:35:38","modified_gmt":"2021-11-20T18:35:38","slug":"magic-leap-still-kicking","status":"publish","type":"post","link":"https:\/\/virtualrealityobserver.com\/magic-leap-still-kicking\/","title":{"rendered":"Magic Leap Still Kicking"},"content":{"rendered":"\n<p>Last time Virtual Reality Observer <a href=\"https:\/\/virtualrealityobserver.com\/the-uncertain-future-of-magic-leap\/\">focused on Magic Leap<\/a>, the Florida-based &#8220;spatial computing&#8221; company headed by Rony Abovitz, things weren&#8217;t looking too promising. <a rel=\"noreferrer nofollow noopener\" href=\"https:\/\/www.magicleap.com\/en-us\/news\/news\/charting-a-new-course\" target=\"_blank\">Announcing<\/a> a significant reduction in its workforce in late April, many predicted Magic Leap would not be long for this world.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large is-resized\"><img decoding=\"async\" data-src=\"https:\/\/virtualrealityobserver.com\/wp-content\/uploads\/2020\/05\/vro_magicrevival_product.jpg\" alt=\"Magic Leap 1\" class=\"wp-image-658 lazyload\" width=\"482\" height=\"261\" data-srcset=\"https:\/\/virtualrealityobserver.com\/wp-content\/uploads\/2020\/05\/vro_magicrevival_product.jpg 1000w, https:\/\/virtualrealityobserver.com\/wp-content\/uploads\/2020\/05\/vro_magicrevival_product-300x163.jpg 300w, https:\/\/virtualrealityobserver.com\/wp-content\/uploads\/2020\/05\/vro_magicrevival_product-768x417.jpg 768w\" data-sizes=\"(max-width: 482px) 100vw, 482px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 482px; --smush-placeholder-aspect-ratio: 482\/261;\" \/><figcaption>Image: Magic Leap 1<\/figcaption><\/figure><\/div>\n\n\n\n<p>As reported by <a href=\"https:\/\/www.theinformation.com\/briefings\/8879ae\" target=\"_blank\" rel=\"noreferrer nofollow noopener\">The Information<\/a> and <a href=\"https:\/\/www.businessinsider.com\/magic-leap-has-secured-350-million-investment-2020-5\" target=\"_blank\" rel=\"noreferrer nofollow noopener\">Business Insider<\/a>, Abovitz recently sent an internal memo halting the dismissal of employees and announcing that Magic Leap has raised $350 million from existing and brand new investors. Though the company has struggled to find commercial success since its founding in 2010, this new investment will help Magic Leap maintain a presence as it aims to bring its &#8220;spatial computing&#8221; to the masses.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last time Virtual Reality Observer focused on Magic Leap, the Florida-based &#8220;spatial computing&#8221; company headed by Rony Abovitz, things weren&#8217;t<\/p>\n","protected":false},"author":8,"featured_media":656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[88,15,61],"class_list":["post-655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-magic-leap","tag-vr","tag-vr-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Magic Leap Still Kicking - Virtual Reality (VR) News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/virtualrealityobserver.com\/magic-leap-still-kicking\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Magic Leap Still Kicking - 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