Daily Crunch: Magic Leap gets a new CEO

There’s new leadership at troubled startup Magic Leap, Uber launches grocery delivery and Palantir files to go public. Here’s your Daily Crunch for July 7, 2020. The big story: Magic Leap has a new CEO Can Peggy Johnson, the former vice president of business development at Microsoft, turn things around for Magic Leap? The...

Facebook makes education push in India

Facebook, which reaches more users than any other international firm in India, has identified a new area of opportunity to further spread its tentacles in the world’s second largest internet market. On Sunday, the social juggernaut announced it had partnered with the Central Board of Secondary Education, a government body that oversees education in...

Are virtual concerts here to stay?

The COVID-19 pandemic pushed the music industry to experiment seriously with virtual concerts. Historically, musicians and their managers have been careful about challenging the traditional concert model that became their main source of income as revenue from album sales disappeared. Is the current surge of virtual concerts here to stay or will it be...

AR 1.0 is dead: Here’s what it got wrong

The first wave of AR startups offering smart glasses is now over, with a few exceptions. Google acquired North this week for an undisclosed sum. The Canadian company had raised nearly $200 million, but the release of its Focals 2.0 smart glasses has been cancelled, a bittersweet end for its soft landing. Many AR...

Bose calling it quits on audio AR platform, report says

Headphone-maker Bose is calling it quits on their Bose AR platform play, noting that they’ll be winding down support for third-party developers on their platform next month. In a statement to Protocol, which first reported the news, a Bose spokesperson admitted the program hadn’t panned out as planned, further noting that Bose would no...

Amazon is using AR to encourage employee social distancing

From the outside, at least, Amazon’s COVID-19 response has been a mixed bag. The company has noted in various reports the things it’s been doing in an attempt to curb the virus’s spread — particularly among warehouse employees deemed essential workers. But various attorneys general, senators and other lawmakers have demanded more information about...

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