VENTURE CAPITAL POST

Augmented reality company Magic Leap has always been tight-lipped on the advanced technology it has been cooking in the lab, but on October 20 it released a teaser video on just how incredibly unbelievable its capabilities are.

Google Glass, also known as Project Glass, changed its name to Project Aura. Google started developing the project in June and aims to include advanced technology like Soli and Cardboard. Google is working out on Project Aura. According to the Business Insider, the project started rolling out in June. Its focus is to revive the wearable device, Google Glass.

Italy's Luxottica is joining forces with U.S. chipmaker Intel Corp to develop glasses that combine its top fashion brands with technology that could allow wearers to access information about their health or location.

After two years of popping up at high-profile events sporting Google Glass, the gadget that transforms eyeglasses into spy-movie worthy technology, Google co-founder Sergey Brin sauntered bare-faced into a Silicon Valley red-carpet event on Sunday.

Jonathan Mosen, who has been blind since birth, spent his evening snapping photos of packages in the mail, his son's school report and labels on bottles in the fridge. In seconds, he was listening to audio of the printed words the camera captured, courtesy of a new app on his Apple Inc iPhone.

Some of the best-known technology investors are looking beyond their tried-and-true Internet plays to bet on healthcare data as the next growth market.

Google Inc's self-driving car technology likely will not be available for several more years. But the Internet company is already beginning the job of making the public comfortable with the futuristic vehicles.

After officially releasing the Google Glass to US buyers, search giant Google is now reportedly eyeing smart contact lenses that will feature built-in tiny cameras and multi-sensors, based on a couple of patent applications that have surfaced lately.

Berlin, Germany-based digital toy maker Toywheel has launched its first app which integrates the physical world with the digital world to create an interactive playground for children.

Intel Capital is planning to pour $15 million in funding into Jerusalem, Israel-based smartglasses maker to continue helping visually impaired people using the startup's product.

A team of researchers from Daejeon, South Korea-based public research university Korea Advanced Institute of Science and Technology (KAIST) led by Professor Yoo Hoi-Jun have developed a head-mounted display (HMD) which is 30 times faster than Google Glass.

San Diego, US-based facial expression recognition startup nabbed $6 million in a Series B funding round led by Seth Neiman and launched an app for Google Glass to track people's sentiments.

Some states have already undertaken measures to ban drivers from using Google Glass even if the search giant's wearable device innovation is still in its experimental stage, Bloomberg reported.

Boston, US-based smart eyewear startup Laforge Optical launched a crowdfunding campaign on Indiegogo to raise $80,000 for the testing and app development for its fashionable smart glasses called Icis.

Switzerland-based Lemoptix has raised and undisclosed funding amount from Swisscom Ventures, the venture arm of Swiss telco. Lemoptix develops technology that can embed micro-projectors in various devices, TechCrunch reported.