INSUBCONTINENT EXCLUSIVE:
The Ray-Ban Meta smart glasses, first launched in 2021, have been an important part of Meta's consumer products portfolio
| (Photo: Reuters)2 min read Last Updated Jul 19 2024 | 12:34 AM IST
Meta Platforms is in talks to acquire a stake of about 5 per cent in
EssilorLuxottica, its production partner for the Ray-Ban smart glasses, the Wall Street Journal reported on Thursday, citing people familiar
control over the roadmap for the smart glasses at a time when tech giants including Apple are investing millions to create cutting-edge
Essilor and Italy's Luxottica
Delfin, the holding company owned by the family of Luxottica's late founder Leonardo Del Vecchio, is its largest investor, with a stake of
of the glasses, which include a Meta AI assistant and are capable of livestreaming broadcasts of what a user is seeing directly to Facebook
picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated
feed.)First Published: Jul 19 2024 | 12:34 AMIST
