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ESSILORLUXOTTICA INVESTMENT
Snap unit to use Qualcomm chips for upcoming AI smart glassesSnap's new Specs unit has struck a major deal with Qualcomm. Upcoming smart glasses will feature Qualcomm's Snapdragon XR processor platfor...- Meta unveils two new Ray-Ban prescription smart glassesMeta Platforms has introduced two new Ray-Ban prescription smart glasses. This move expands their range of AI-powered gadgets. Meta is inve...
- Snap seeks investments as new smart glasses unit takes on MetaSnap is launching a new unit for its augmented reality smart glasses. This move aims to attract outside investment and challenge rival Meta...
- Meta layoffs 2026: CTO Andrew Bosworth confirms job cuts for roughly 10% of employees within the Reality Labs unitMeta Platforms is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part of a plan to redirect resources from...
- Meta stake in Ray-Ban maker EssilorLuxottica 'at least 3%', board director saysMeta holds at least a 3% stake in EssilorLuxottica, a board director at the European firm behind Ray-Ban glasses. The stake has previously ...
- Meta buys AI wearables startup LimitlessMeta is acquiring US startup Limitless, which makes an AI-powered wearable pendant that records and summarises conversations. The five-year...
- L'Oreal eyeing stake in Armani after acquiring Kering's beauty armFrench cosmetics giant L'Oreal is eyeing a stake in Italian luxury brand Armani. This interest follows the late founder Giorgio Armani's wi...
- Ray-Ban maker shares hits all-time high as investors bet on Meta AI glasses boomShares in Ray-Ban maker EssilorLuxottica rose 14% to hit an all-time high on Friday, adding nearly $20 billion in market value as investor ...
- Advantest leads Japan's Nikkei higher ahead of Nvidia reportJapan's Nikkei experienced a boost, driven by Advantest's gains as investors eagerly anticipated Nvidia's outlook. Nikon surged following r...
- Meta takes around 3% stake in Ray-Ban-parent EssilorLuxottica, source saysSprucing up its wearable technology with artificial-intelligence capabilities could help Meta attract new users as it invests billions of d...
- Meta partners with sports eyewear brand Oakley to launch AI-powered glassesMeta has partnered with Oakley to launch AI-powered smart glasses, following the success of its Ray-Ban Meta range. The new Oakley Meta HST...
- Meta shows strong growth as AI spending surgesFacebook owner Meta saw net income and revenues top expectations on Wednesday as the company said it would expand investments into artifici...
- Meta readies AR glasses reveal at Connect eventMeta is set to unveil its first augmented reality glasses and announce updates to its virtual reality and AI products at its annual Connect...
- Warburg buys majority stake in ophthalmic device company AppasamyWarburg Pincus buys majority stake in Chennai's Appasamy Associates, a top Indian ophthalmic equipment and IOLs manufacturer. Appasamy CEO ...
- French eye-wear firm Essilor signs on Virat Kohli as its brand ambassadorEssilor, the French eyewear brand, has signed a two-year deal with cricketer and former India captain Virat Kohli as its brand ambassador. ...
- Warburg in advanced talks to buy medical equipment manufacturer AppasamyPrivate equity firm Warburg Pincus is in advanced talks to acquire Chennai-based medical equipment manufacturer Appasamy Associates, said p...
- Facebook unveils its first smart glassesThe glasses, which were created in partnership with Ray-Ban maker EssilorLuxottica, allow wearers to listen to music, take calls or capture...
- Ray-Ban maker EssilorLuxottica considers suing GrandVision over $8.6 bn deal: SourceRay-Ban maker EssilorLuxottica is considering suing its takeover target GrandVision after a court ruled that the Dutch eyewear retailer had...
- Essilor Group to add 2,000 Eye Mitra opticians across India by 2022-endThe company will add the Eye Mitras in Uttar Pradesh, Rajasthan, Maharashtra, Karnataka, West Bengal, Odisha, Madhya Pradesh, Haryana, Andh...
- New Facebook smartwatch will let users scroll on InstagramFacebook Reality Labs is investing in ways to make AR glasses more useful.
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