philip lelyveld The world of entertainment technology

Google counters Facebook’s Oculus buy with $500M investment in VR startup Magic Leap

What Magic Leap does is not entirely clear yet, but it appears to be a highly realistic form of virtual reality or augmented reality. The company calls it “Cinematic Reality,” with a trademark symbol. The splash screen on its website shows a very photorealistic, tiny, animated elephant moving around in a person’s cupped palms.

See the full story here: http://venturebeat.com/2014/10/13/google-counters-facebooks-oculus-buy-with-500m-investment-in-vr-startup-magic-leap/?utm_source=KZero+Website+Subscribers&utm_campaign=f654114ee3-Template_for_VR_News_Weekly34&utm_medium=email&utm_term=0_6f364169c5-f654114ee3-117770001