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Friday, 29 May 2020

Magic Leap CEO Rony Abovitz is stepping down as CEO, says the company has raised "significant" funding and pivoted to spatial computing for enterprise (Dean Takahashi/VentureBeat)

Dean Takahashi / VentureBeat:
Magic Leap CEO Rony Abovitz is stepping down as CEO, says the company has raised “significant” funding and pivoted to spatial computing for enterprise  —  Magic Leap CEO Rony Abovitz confirmed he has raised a new round of funding, and he also said that he will step down as the augmented reality company's top executive.



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The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London (Financial Times)

Financial Times : The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an eff...