EssilorLuxottica has a near monopoly on the eyewear market worldwide, and its brands like Ray-Ban and Oakley are among the most recognizable on the planet. In comparison, AI assistants like Meta AI and Gemini are becoming almost a commodity, with no company’s model having a meaningful advantage over the rest of the industry. […]
Last week The Financial Times and The Wall Street Journal reported Meta is exploring a multibillion-euro investment in EssilorLuxottica, representing a roughly 5% stake, which could help it wield influence in the company’s decision-making on future smart glasses. Heath says his sources suggest Meta’s investment is “likely” to go through, and that it’s “extremely unlikely that Meta loses the partnership to Google”.
Three garbage companies that represent a net-negative for society.
If youre looking for overpriced sunglasses, I’d recomment Maui Jim. At least they’ve got the quality to justify the price.
Oh goodie, another product for Google to discontinue shortly after release.
Google Graveyard is getting pretty full