Author: dumbcapital

Alibaba acquires Israeli VR startup Infinity Augmented Reality

Infinity Augmented Reality, an Israeli virtual reality startup, has been acquired by Alibaba, the companies announced this weekend. The deal’s terms were not disclosed. Alibaba and InfinityAR have had a strategic partnership since 2016, when Alibaba Group led InfinityAR’s Series C. Since then, the two have collaborated on augmented reality, computer vision and artificial intelligence…

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Build-at-home assault rifle kit is at the center of lawsuit against California company

By Erik Larson |  Bloomberg New Jersey sued a California “ghost gun” company that ships partly assembled firearms kits to buyers who can avoid background checks simply by building the untraceable weapons at home. New Jersey Attorney General Gurbir Grewal claims in a lawsuit filed Friday that U.S. Patriot Armory sold a kit for an…

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