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Wall Street Breakfast

Google revisits AR with fresh set of eyes

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8950 Ratings

🗓️ 12 March 2025

⏱️ 5 minutes

🧾️ Download transcript

Summary

Google (GOOG) (GOOGL) nears purchase of AdHawk as part of headset, smart glasses strategy: report. (00:22) Palantir (PLTR) teases upcoming March 13 announcement on X. (00:58) McDonald's (MCD) wants to speed up new menu offerings - report. (01:56)
 
Episode transcripts seekingalpha.com/wsb.

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Transcript

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0:00.0

Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

0:08.0

Good morning. Today is Wednesday, March 12th. I'm Julie Morgan. Google reportedly looks to snap up an eye-tracking startup, a cryptic teaser from Palantir, and McDonald's is working on a new strategy.

0:22.9

Google is reportedly nearing a deal to purchase ad hoc microsystems.

0:27.6

According to Bloomberg, this could bolster its re-entry into the smart glasses or augmented reality headset market.

0:34.7

Ad hoc is a startup based in Canada that specializes in producing eye-tracking

0:39.4

technology, which is crucial in developing augmented and virtual reality headsets. The report says

0:45.5

Google intends to buy the company for $115 million, with an agreement completed possibly as early

0:51.9

as this week. If the deal is completed, ad hoc would join Google's

0:56.3

Android XR team. Palantir posted a 15-second teaser on X, which points to some type of

1:03.9

significant announcement on Thursday, March 13th. Yes, tomorrow. The teaser starts with a series

1:10.4

of symbols around the number six.

1:13.1

The symbols include the Palantir logo, a four-pointed star, its AIP logo, and an hourglass.

1:20.4

It then transitions to a clock starting at five and is headed towards an encircled six.

1:25.6

It features images of a sunrise or sunset,

1:28.9

another of possibly a rising or setting planet,

1:31.8

and of what appears to be a view of traveling at light speed through space.

1:36.4

One commenter said the six could be a reference to Palantir holding a sixth AIP con.

1:42.2

Last September, Palantir held its fifth AIP con, which was live streamed.

1:46.7

It featured multiple companies and agencies presenting work they were doing with Palantir's

1:52.5

artificial intelligence software platform.

1:56.5

McDonald's is working on increasing traffic by speeding up the process from R&D to implementation with a new management team.

2:04.6

According to the Wall Street Journal, McDonald's CEO has a new strategy for greater nimbleness in the innovation process,

...

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