Meta Platforms is in talks with augmented reality startup Magic Leap over a possible agreement involving intellectual property-licensing and manufacturing support, the Financial Times reports. Meta has been pouring billions of dollars into developing metaverse technologies, including a pair of AR glasses, which the company hopes will garner mainstream interest. But Meta has to overcome a raft...
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The Electric: Congress’ Move on Permitting Reform Leaves Industry Wanting More
Congress appears poised to shrink a key obstacle to the creation of a competitive U.S. electric vehicle battery industry—the agonizing, often yearslong wait to obtain permits to mine for battery metals such as lithium and nickel. On Wednesday night, the House approved small but important changes to the permitting process as part of a bill to lift the federal debt ceiling. Now the Senate takes...
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