Magic Leap appoints former Microsoft executive Peggy Johnson as CEO

Magic Leap has appointed Peggy Johnson, former executive vice president of Business Development at Microsoft, as the company's new chief executive.

Google acquires smart glasses company North

Google has acquired North; a company founded in 2012 as Thalmic Labs.

Librestream raises $24M (Canada)

Canadian augmented worker enterprise solutions company Librestream has raised a $24M Series D capital round.

Augmented reality coming to Japan Airlines planes

Gogo and Japan Transocean Air, a Japan Airlines (JAL) group company, have inked a partnership that brings Augmented Reality (AR) to all of JTA's flights.  

Snap CEO Evan Spiegel says smart glasses are 10 years away from mass adoption...

Snap CEO Evan Spiegel on Friday said he expects it will be 10 years before consumers widely adopt augmented-reality smart glasses, writes Salvador Rodriguez. Here is the link: https://www.cnbc.com/2019/10/04/snap-ceo-evan-spiegel-smart-glasses-10-years-from-mass-adoption.html

Bill Gates: If I were starting a company today, it would use AI to...

If Bill Gates were to drop out of Harvard University and start a new company today, it would be one that focuses on artificial intelligence, he said in an interview on...

Ultrahaptics acquires Leap Motion

Ultrahaptics is acquiring AR/VR company Leap Motion for a reported $30 million.

Microsoft CEO Nadella: HoloLens for war is fine if it’s used by a democracy...

Microsoft CEO Satya Nadella has defended the company's $480m contract to supply HoloLens-for-war headsets to the US Army, writes Liam Tung. Here is the link: https://www.zdnet.com/article/microsoft-ceo-nadella-hololens-for-war-is-fine-if-its-used-by-a-democracy/

The inventor of the hololens just left Apple — Variety

AR/VR pioneer and Hololens co-inventor Avi Bar-Zeev has left Apple, writes Janko Roettgers. Here is the link: https://variety.com/2019/digital/news/hololens-inventor-bar-zeev-leaves-apple-1203127715/

Facebook just announced the $399 Oculus Quest, a new virtual reality headset that doesn’t...

Facebook's Oculus Quest headset, a new standalone virtual reality system that doesn't require a PC to run, will launch in Spring 2019 for $399, writes Kevin Webb. Here is the link: https://www.businessinsider.com/facebook-announces-oculus-quest-vr-headset-launching-spring-2019-2018-9

Brainlab, Magic Leap partner for digital surgery

Munich-based Brainlab, a company that develops, manufactures and markets software-driven medical technology, has inked an exclusive agreement with Magic Leap.

Apprentice.io raises $8M

Apprentice.io, creators of a conversational augmented reality (AR) and artificial intelligence (AI) platform, has raised $8 million in a Series A funding round.

Apple buys startup focused on lenses for AR glasses — Yahoo Finance

Apple Inc has acquired a startup focused on making lenses for augmented reality glasses, the company confirmed on Wednesday, writes Stephen Nellis. Here is the link: https://finance.yahoo.com/news/apple-buys-startup-focused-lenses-235742737.html

Ubiquity6 raises $27M

AR platform company Ubiquity6 has raised $27 million in Series B funding.

Worldwide ICT spending expected to exceed $5.6 trillion in 2021, says IDC

Worldwide information and communications technology (ICT) spending, including new technologies, is expected to exceed $5.6 trillion in 2021,  says IDC.