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A smart-glasses engineering workspace reflects Magic Leap’s 269 planned job cuts as the augmented reality pioneer exits first-party devices and pivots towards supplying waveguides and optical technology for artificial intelligence glasses. Representative image.

Magic Leap layoffs rise to 269 as augmented reality pioneer abandons first-party devices

Representative image showing large-scale iron ore mining operations, reflecting investor focus on Rio Tinto plc’s capital intensity, iron ore margins, and balance-sheet pressures following its 2025 results and share price decline.

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Energy Industry News

Technip Energies wins PEMS contract from KIPIC in Kuwait

Technip Energies said that Technip E&C Limited, its fully-owned subsidiary in the UK, has bagged a contract for…

byPallavi Madhiraju

May 30, 2021

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