Magic Leap secures $350 million in additional funding, presses pause on layoffs - Latest Tech, Mobile News, Gadgets & Reviews Update |Techbrinks

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Friday 22 May 2020

Magic Leap secures $350 million in additional funding, presses pause on layoffs


Fortunately for both Magic Leap and its remaining employees, they've all been granted a stay of execution. A new report from Business Insider claims that Magic Leap CEO Rony Abovitz managed to secure $350 million in additional funding, which has allowed the company to press pause on its layoff plans.

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