Intel (INTC) is cutting its stake in Mobileye (MBLY), planning to sell $900 million in shares. According to Bloomberg, Meta ...

EssilorLuxottica shares surged after reports indicated Meta Platforms acquired nearly a 3% stake in the eyewear company. This ...

Meta Platforms Inc. bought a minority stake in the world’s largest eyewear manufacturer, EssilorLuxottica SA, deepening the ...

Meta has purchased a 3% stake in eyewear manufacturer EssilorLuxottica for approximately $3.5 billion, according to Business ...

Meta deepens its AI wearables push with a $3.51 billion stake in EssilorLuxottica, aiming to expand smart glasses production ...

Meta Platforms has made a strategic move in the world of smart glasses. The company has taken a stake of nearly 3% in EssilorLuxottica, the parent company of Ray-Ban. The investment, estimated at ...

The advance of as much as 5.5 percent on Wednesday gave EssilorLuxottica a market value of EUR 116.5 billion (roughly Rs. 11,68,623 crore). Warby Parker, a competing glasses-maker, rose 4.5 percent in ...

Meta has reportedly invested $3.5 billion in EssilorLuxottica, the eyewear company that owns Ray-Ban and Oakley. The two ...

Shares in EssilorLuxottica, the world's largest eyewear producer and the maker of the famed Ray-Ban glasses, jumped on ...

The owner of Facebook snapped up just under 3% of the Franco-Italian group. Raybans are famously worn by Tom Cruise in the ...

The minority stake in EssilorLuxottica will allow Meta to continue its push to manufacture smart glasses with AI features.

Meta Platforms has acquired a minority stake in EssilorLuxottica, the parent company of Ray-Ban and Oakley, valued at ...