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China’s Nreal raises $15M to shrink augmented headsets to size of sunglasses – TechCrunch

A former Magic Leap engineer believes the problem with most consumer-facing augmented headsets on the market is their bulky size. “You wouldn’t want to wear them for more than one hour,” Xu Chi, founder and chief…

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Alibaba replaces video streaming boss amid anti-corruption probe – TechCrunch

A top-level reshuffle is sending shockwaves across one of China’s biggest online video businesses. Yang Weidong has stepped down as the president of Alibaba’s video streaming unit Youku, the ecommerce operator’s digital media and entertainment…