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The FT reports Apple (NASDAQ:AAPL) "has assembled a large team of experts in virtual and augmented reality and built prototypes of headsets that could one day rival Facebook's Oculus Rift or Microsoft's HoloLens." The team is said to include "hundreds of staff from a series of carefully targeted acquisitions, as well as employees poached from companies that are working on next generation headset technologies." The FT also notes Apple has bought Flyby Mediavirtual reality glasses, a developer of software that lets mobile devices "scan" real world objects and add them to a virtual collection.

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