Meta Takes Minority Stake in Maker of Ray-Ban Glasses
Media/ Social Media
Meta Platforms has bought a minority stake in EssilorLuxottica SA, the maker or Ray-Ban glasses. The stake could grow to around 5% according to people familiar with the matter. The companies have been working together to build AI-powered smart glasses. Bloomberg's Caroline Hyde reports. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.
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