Dec 18, 2019

Augmented reality rival claims Magic Leap's lawsuit is baseless

NReal augmented reality glasses at CES 2019. Photo: Robyn Beck/AFP via Getty Images

Augmented reality startup Nreal is asking a court to throw out a lawsuit from Magic Leap, saying the heavily touted startup's suit amounts to sour grapes rather than a breach of contract.

Why it matters: The virtual reality and augmented reality markets are taking longer to develop, prompting companies to compete for their slice of a smaller-than-anticipated pie.

  • In June, Magic Leap sued Nreal and CEO Chi Xu, who worked at Magic Leap for about a year, from mid-2015 to mid-2016. The suit alleges that Xu and Nreal are exploiting "Magic Leap's confidential and proprietary information to unfairly compete in the development of wearable spatial computing glasses and other related technology."
  • In its motion to dismiss, Nreal said "rather than focus on developing a superior product, Magic Leap has resorted to filing lawsuits to slow down new entrants in the AR market."
  • Magic Leap was not immediately available for comment.

The big picture: Despite tons of buzz and billions of dollars in funding, Magic Leap has struggled to get its product to market, and recently announced layoffs.

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Read: Trump 2016 campaign staffer files pregnancy discrimination suit

Then-Republican presidential candidate Donald Trump speaks at a rally in Rochester, New York, in April 2016. Photo: Brett Carlsen/Getty Images

A former Trump 2016 campaign staffer alleges in a sex-discrimination lawsuit that she was fired and prevented from a White House job opportunity after becoming pregnant following a relationship with a supervisor.

The allegations: Arlene "A.J." Delgado claims in the suit, filed in federal court in Manhattan, she found herself "excluded from participating in the communications work of the inauguration or in any capacity," after she announced in December 2016 she was pregnant and that the father was Jason Miller, a married senior communications strategist.

Go deeperArrowDec 25, 2019

McConnell on Senate impeachment trial: "I'm not an impartial juror"

Photo: Alex Edelman/Getty Images.

Senate Majority Leader Mitch McConnell (R-Ky.) told reporters Tuesday that he will not act as an "impartial juror" in the likely event of a Senate trial, stating: "This is a political process."

Why it matters: Senators must take the following oath before being sworn in for an impeachment trial: "I solemnly swear (or affirm, as the case may be,) that in all things appertaining to the trial of the impeachment of [name of person being impeached], now pending, I will do impartial justice according to the Constitution and laws: so help me God."

Go deeperArrowDec 17, 2019

Bloomberg: "I’m spending all my money to get rid of Trump"

Photo: Bastiaan Slabbers/NurPhoto via Getty Images

Former New York City Mayor Michael Bloomberg shot back at criticisms that he's running a self-aggrandizing campaign for the Democratic nomination, telling Reuters in an interview: "Number one priority is to get rid of Donald Trump. I’m spending all my money to get rid of Trump."

Why it matters: The campaign finance debate has taken on new significance in 2020, creating a clear divide within the Democratic Party. Progressive candidates like Sens. Bernie Sanders and Elizabeth Warren have turned away big-dollar donations in favor of grassroots fundraising, rebuking moderates like Pete Buttigieg and Joe Biden for soliciting donations from the wealthy.

Go deeperArrowJan 12, 2020