Microsoft lost billions of dollars on HoloLens, and its huge IVAS military contract is in trouble

Microsoft is discontinuing HoloLens after losing billions of dollars on the project.The company's 10-year IVAS contract to make goggles for the Army is worth up to $22 billion.Microsoft is pulling back on IVAS work, putting its involvement in the contract in doubt. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a person ...