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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.

Go deeper:

Go deeper

Ben Geman, author of Generate
8 mins ago - Energy & Environment

Higher education expands its climate push

Illustration: Aïda Amer/Axios

New or expanded climate initiatives are popping up at several universities, a sign of the topic's rising prominence and recognition of the threats and opportunities it creates.

Why it matters: Climate and clean energy initiatives at colleges and universities are nothing new, but it shows expanded an campus focus as the effects of climate change are becoming increasingly apparent, and the world is nowhere near the steep emissions cuts that scientists say are needed to hold future warming in check.

Ina Fried, author of Login
34 mins ago - Economy & Business

The pandemic isn't slowing tech

Illustration: Eniola Odetunde/Axios

Thursday's deluge of Big Tech earnings reports showed one thing pretty clearly: COVID-19 may be bad in all sorts of ways, but it's not slowing down the largest tech companies. If anything, it's helping some companies, like Amazon and Apple.

Yes, but: With the pandemic once again worsening in the U.S. and Europe, it's not clear how long the tech industry's winning streak can last.

Texas early voting surpasses 2016's total turnout

Early voting in Austin earlier this month. Photo: Sergio Flores/Getty Images

Texas' early and mail-in voting totals for the 2020 election have surpassed the state's total voter turnout in 2016, with 9,009,850 ballots already cast compared to 8,969,226 in the last presidential cycle.

Why it matters: The state's 38 Electoral College votes are in play — and could deliver a knockout blow for Joe Biden over President Trump — despite the fact that it hasn't backed a Democrat for president since 1976.