Snap jumps 20% as coronavirus spurs use in Q1 2020

Snap beat Wall Street estimates for quarterly revenue and user growth for its Snapchat app, as more people stay at home during the coronavirus pandemic. AR/VR – VentureBeat & Reuters

Microsoft hires Apple 5G chief to develop new HoloLens and AI products

A former Apple 5G wireless executive has joined Microsoft to lead engineering for future mixed reality and AI products, including HoloLens devices. AR/VR – VentureBeat & Jeremy Horwitz

Qualcomm and ZeroLight debut end-to-end 5G Boundless XR system

Leading hardware and software makers have created a system to deliver high-resolution wireless XR in enterprise settings, using private 5G networks. AR/VR – VentureBeat & Jeremy Horwitz

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Xbox has no need for a VR headset — yet

Xbox VR will still happen, and Microsoft is shrewd not to be gunning for it too early, despite pressure to commit. AR/VR – VentureBeat & Jamie Feltham, Upload VR