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Ray-Ban Stories. The partnership between EssilorLuxottica, Ray-Ban's parent company, and Facebook to create the first generation of Ray-Ban Stories was publicly announced on September 20, 2020, by CEO Mark Zuckerberg during the seventh annual Facebook Connect conference. [7]
Ray-Ban is a brand of luxury sunglasses and eyeglasses created in 1936 by Bausch & Lomb. The brand is best known for its Wayfarer and Aviator lines of sunglasses. In 1999, Bausch & Lomb sold the brand to Italian eyewear conglomerate Luxottica Group for a reported $640 million.
Also in March 2022, Meta and Italian eyewear giant Luxottica released Ray-Ban Stories, a series of smartglasses which could play music and take pictures. Meta and Luxottica parent company EssilorLuxottica declined to disclose sales on the line of products as of September 2022, though Meta has expressed satisfaction with its customer feedback.
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Facebook Reality Labs and Ray-Ban announced a collaboration project called Ray-Ban Stories. Unlike previous smart glasses by other companies, Ray-Ban Stories have no HUD or AR display but have integrated cameras, speakers, and microphones running through a Qualcomm Snapdragon processor and connect via bluetooth to integrate with Facebook on ...
The company quickly backtracked on a proposed user agreement change in 2022 that threatened to fine users up to $2,500 if they use the service to "promote misinformation."
v. t. e. Meta Platforms (formerly Facebook, Inc.) is a technology company that has acquired 91 other companies, including WhatsApp. The WhatsApp acquisition closed at a steep $16 billion; more than $40 per user of the platform. Meta also purchased the defunct company ConnectU in a court settlement and acquired intellectual property formerly ...