Market Reality: Meta Comes Clean on Crash, Microsoft Prepares HoloLens 2, & Niantic Captures Another Funding Round

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Despite its status as a hot commodity amongst emerging technologies, the augmented reality industry is not immune to the ebbs and flows that occur in every industry.

As Microsoft prepares to unleash the sequel to original HoloLens, Meta Company has crashed and burned, as the company has exhausted its cash flow and an unknown buyer has scooped up its remaining assets.

And, as Niantic collects another nine-figure round of funding, Snap says goodbye to two more executives.

Founder of AR Pioneer Reveals Inside Story That Led to Its Sale to New Owners

The rise and fall of Meta, the Silicon… more

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