There have been lots of ups and down over at Magic Leap, a company that jumped onto the primetime stage a few years ago with an outrageous augmented reality demo that featured over-the-top weapons, killer robots, and tanks blasting through an office complex. As it turns out, that demo was too good to be true.

Since that time, the company

Source: Hot Hardware – Magic Leap Reportedly Laying Off 1,000 Employees As It Abandons Consumer AR Business