The week in AR business news started out with a bang with two bombshell reports that cast a shadow on the AR industry as a whole.

First, we discovered that Magic Leap has pawned its patent portfolio as collateral in preparation for a Series E funding round. Second, word leaked out from an internal Apple presentation that its long-awaited AR wearable debut has been pushed back to 2022.

However, there was some triumphant product news in the orbit of AR, as Snap’s proto-AR smartglasses, Spectacles 3, are now for sale and Looking Glass launched a new holographic display that surpasses its… more

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