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Magic Leap lays off 1,000 employees amid restructuring

Magic Leap is shrinking its workforce. The augmented-reality startup needs to seriously reduce costs, so 1,000 will be let go. That’s about half of the total headcount. This is coming from Bloomberg, which cites its own anonymous sources….

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Hello Neighbor TV pilot hits 11M views on YouTube

Publisher tinyBuild expands the Hello Neighbor franchise to an animated TV series. A week ago, a pilot episode of the eponymous web series was released. To date, nearly 11 million people have watched the episode on YouTube.

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Report: Epic Games worth $15 billion, plans to increase that

The company behind Fortnite and Unreal Engine was valued in the investment at $15 billion in 2018, when a group of investors bought $1.25 billion of Epic Games’ shares. This is according to Bloomberg, which cites people familiar with…