News Summary

Etsy co-founder and former CEO Robert Kalin has embarked on a new venture with his startup, Dopple Works, which is developing a mixed reality device named ‘Loop’. Described as a handheld spatial computing device, Loop resembles a magnifying glass and is designed to superimpose virtual elements onto real-world environments. The device is powered by a battery and utilizes WiFi and Bluetooth connectivity. Dopple Works has filed applications with the Federal Communications Commission and a patent for Loop, which includes features such as a camera, speaker, and tracking sensor. While the exact purpose of Loop remains unclear, it is speculated to have significant potential in the augmented and virtual reality space.