Magic Leap CEO Rony Abovitz to step down

Photo by Brian Ach/Getty Images for Wired

Rony Abovitz, the co-founder and CEO of lavishly funded augmented reality company Magic Leap, will step down from his position, reports Business Insider. Abovitz’s planned departure, which doesn’t yet have a concrete date, marks an unceremonious end to his tenure at the helm of Magic Leap, a once-buzzy startup that earned a high profile for how secretive it was early on about its technology and the eye-popping amounts of venture capital it raised.

Magic Leap has so far raised about $3 billion dollars over the last decade, though it has only released one product, the Magic Leap 1 headset. The company raised $350 million of that funding just earlier this month, after laying off about 1,000 employees back in April and ditching its consumer...

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Pandora Stories lets artists add commentary to their own playlists

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Android Addition Opens FIDO Password Killer to Billions

The FIDO Alliance hammered another nail into the passwords coffin with the announcement that devices running Android 7.0 or higher will be compatible with FIDO2. Certification of Android 7.0+ means devices running those versions of Google's mobile operating system will support FIDO2 out of the box or through a software update. FIDO2, introduced last year, provides a FIDO Web authentication standard that combines the World Wide Web Consortium's Web Authentication specification with FIDO's Client-to-Authenticator protocol. from TechNewsWorld https://ift.tt/2GQVG4f

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