Instead Of Being Acquired For Billions, Magic Leap Lays Off Over 50% Of Workforce [Forbes]
AT&T Inc. (T)
Last at&t inc. earnings: 4/22 06:54 am
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Source: Forbes
The Magic Leap 1 headsetAnshel SagMagic Leap has long been the focus of many in the VR/AR industry with the enormous amount of funds that the company has managed to raise and burn through. While the company continued to raise funds through large rounds of investment from companies across the industry, the company also meandered and focused on entertainment and showy demos before practical applications. Magic Leap was initially highly secretive and made many promises that I didn’t believe it could deliver on for quite some time. It was recently reported that the company was looking for additional funding and put some of its IP up as collateral for what I would assume would be some sort of infusion of cash through convertible debt. However, there have been multiple rumors of acquisition offers, and even that the company was looking to be acquiredas recently as last monthMarket realities become realIn a public letterOne of the good things that I think Magic Leap got right was trying to s
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News
- AT&T to Webcast Fireside Chat with John Stankey at the UBS Global Media and Communications Conference on Dec. 9PR Newswire
- AT&T to Release Fourth-Quarter 2025 Earnings on Jan. 28PR Newswire
- What Do You Know About Black Friday? [The New York Times]The New York Times
- Bernstein Reiterates a Buy on AT&T Inc. (T), Keeps the PT [Yahoo! Finance]Yahoo! Finance
- 77% of U.S. Consumers Would Complete All Holiday Shopping at Small Businesses, According to Latest AT&T Business Holiday Shopping SurveyPR Newswire
T
Earnings
- 10/22/25 - Miss
T
Sec Filings
- 12/2/25 - Form 4
- 12/2/25 - Form 4
- 12/2/25 - Form 4
- T's page on the SEC website