Welcome to the Tech Meam ride home for Wednesday, August 8th, 2018. I'm Brian McCullough.

Today, we can actually finally find out what Magic Leap does.

Snap reports earnings.

Slack gets ready for war.

Patreon is building a patronage empire.

And why you're probably getting ripped off if you're paying

for DSL. Here's what you finally get to the bottom of, basically.

Magic Leap is that mysterious secretive augmented reality company that has raised over 2.3 billion

dollars from the likes of Google and J.P. Morgan to eventually release something. As I said, they're mysterious.

They've only been giving us glimpses and sometimes somewhat bizarre demo videos,

all these years to the point where they've sort of become a punchline.

Possibly a company that's been overhyped,

couldn't possibly live up to the air of mystery.

Well, guess what, people?

The Magic Leap 1 AR headset is now available on its website, but only if you live in Chicago,

Los Angeles, Miami, New York, San Francisco, and Seattle.

Why?

Because the company wants to set up complementary delivery and setup.

If you enter your zip code and you're not in a qualified area, you can get on a reservation

list. The Magic Leap 1 cost $2,295 and for an extra

$425 you can get what is called a Professional development edition.

And that's a key point.

...