alt Hacker NewsUnfortunately they are. They're a former shell of what they were. I think they're changing their focus to lenses or something. Last I heard they're partnering with Google and it's absolute ass. The company is effectively dead and being carved out for parts by Google is my take.
It's a real bummer because they were the only company I was actually interested in seeing pursue Augmented Reality. Now it's literally the most evil companies Meta, Google, and Apple.
The 90s optimism of future tech is dead and all that's left is whatever this is.
Your sympathy is severely misplaced. Magic Leap was Theranos-sized fraud from the beginning: they never had the goods, put out a whole bunch of misleading hype to persuade consumers and gullible investors that they had the goods [0], and eventually it caught up to them. Good riddance.
[0]: https://www.youtube.com/watch?v=E9r2Z5v_E9o