Facebook Parent In Talks With Magic Leap Over Augmented Reality Deal

Facebook's parent company Meta is reportedly in discussions with augmented reality start-up Magic Leap to establish a multiyear agreement for intellectual property licensing and contract manufacturing in North America. While the partnership is not expected to result in a joint headset, Magic Leap's technology could play a crucial role in Meta's ambitious metaverse project as it seeks to compete with Apple's upcoming mixed reality device. The Financial Times reports: Magic Leap produces custom co