EssilorLuxottica

Meta Platforms, Inc. (NASDAQ:META) and EssilorLuxottica are preparing to launch new AI-powered smart glasses under the Oakley and Prada brands, according to information obtained by CNBC on Tuesday.  The move follows the strong performance of the second-generation Ray-Ban smart glasses, which...

Meta Platforms Inc. (NASDAQ:META), led by Mark Zuckerberg, has reportedly been preparing to lay off employees in its metaverse-oriented silicon unit, Reality Labs, with the announcement expected on Wednesday. What Happened: On Tuesday, employees at Meta’s Reality...

Facebook Inc (NASDAQ: FB) has entered into a multiyear collaboration with EssilorLuxottica to develop smart glasses. What Happened: The partnership between the two companies was announced by the social media company's CEO Mark Zuckerberg at its virtually held Facebook Connect annual...