Meta, Magic Leap Could Join Forces To Give Apple A Run For Its Money In The Metaverse Showdown

As the competition heats up in the emerging augmented reality space, Meta Platforms Inc. (NASDAQ:META) is rumored to be considering a collaboration with Magic Leap to maintain its edge against Apple Inc. (NASDAQ:AAPL). 

What Happened: Facebook-parent is reportedly engaged in discussions with Magic Leap to sign a multi-year intellectual property licensing and manufacturing agreement, according to Financial Times. 

See Also: WhatsApp Scrambles To Clear The Air After Elon Musk Says Meta’s Messaging Service ‘Cannot Be Trusted’

The report did not provide specific details of the negotiations, but it cited sources indicating that …

Full story available on Benzinga.com

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