Today’s Deals – Magic Leap Adds Alibaba’s Jack Ma To Board As New Funding Pushes Valuation To $5B

Screenshot 2016-02-02 13.11.54 Magic Leap, the much-hyped augmented reality company, doesn’t officially have a product yet, but that isn’t stopping the company from focusing on the potential of the Chinese movie market. The Florida-based company is adding Alibaba founder and executive president Jack Ma to its board of directors as part of an upcoming Series C funding round that values the company at $5 billion. Read More

from TechCrunch

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