Magic Leap gets investment infusion of almost $800 million

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Google-backed augmented reality firm Magic Leap Inc. has received a big infusion of funding to help continue their efforts to get a product to market. Alibaba Holding Group Ltd. is providing $793.5 million in funding as they valued Magic Leap at $4.5 billion. As part of the funding deal, Alibaba’s co-vice chair Joe Tsai will join Magic Leap’s board. Read more

Alphabet’s Q4 2015 numbers are in: it’s now the most valuable company in the world

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Alphabet, the holding company formed by Google in August, was the center of attention on Monday after disclosing the results of its Q4 2015 operations. Revenue in the quarter came in at $21.3 billion, an 18% jump over the same period a year prior. It was enough to push Alphabet to nearly $5 billion in net income.

The spot formerly held by Apple as the most valuable company is the world now belongs to Alphabet.

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Google getting close to bringing Material Design to the desktop Chrome browser

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Google’s Material Design guidelines have been around for a couple years now and have gone a long way to giving apps on Android smartphones and tablets a more consistent look and feel. The idea of a flatter landscape has slowly worked its way into things like web design as well. One place where a change has not taken place has largely been on the desktop. Although users may benefit from Material enhancements to sites they visit, the actual Chrome browser itself has not seen any significant updates to the interface to bring Material design to the desktop. That looks like it may change soon as developers have started discussions on rollout plans and recent builds of the Chrome browser even include some of the code already. Read more