Magic Leap ramps up production for new type of virtual reality

ASPEN, Colo. (Reuters) - Magic Leap, a startup backed by technology powerhouses including Google and Alibaba that has raised more than $1.4 billion, has hired more than 600 employees and is close to starting production of its first "mixed reality" products. Speaking at the Fortune magazine technology conference in Aspen, Chief Executive Rony Abovitz said the company was debugging its production line in Florida and would launch the products soon. He declined to give a date. ...