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Meta takes around 3% stake in Ray-Ban-parent EssilorLuxottica, source says
Meta Platforms has acquired a nearly 3% stake in eyewear maker EssilorLuxottica, a source told Reuters on Tuesday, amid growing consumer interest in AI-powered wearable devices. Sprucing up its wearable technology with artificial-intelligence capabilities could help Meta attract new users as it invests billions of dollars in bolstering its AI infrastructure.
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Meta Platforms Inc. bought a minority stake in the world's largest eyewear maker, EssilorLuxottica SA, a deal that increases ...
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The French competition authority said on Wednesday it had informed Meta Platforms that the Facebook owner was accused of ...
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