Adrian Cheng, CEO of real estate-to-infrastructure conglomerate New World Development Co., is in early talks to launch a blank check company to raise as much as $400 million. Cheng would be the latest Hong Kong tycoon to tap the red-hot market for special purpose acquisition companies, which has raised billions of dollars in U.S. markets. Bloomberg said that so far this year, eight SPACs...
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Behind the Apple Design Decisions That Bogged Down Its Mixed-Reality Headset
Apple’s executives had a critical design decision to make about the company’s riskiest product in years. It was 2019, and a growing team of Apple engineers had been working for more than three years on a headset that combined augmented and virtual reality capabilities. Now they had to figure out whether the mixed-reality headset would be a stand-alone device or would require a...
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