Meta Takes Minority Stake in Maker of Ray-Ban Glasses

They're taking now a 3% stake in the maker of Ray-Bans and Oakley's who make their smart glasses. They could ultimately take about a 5% stake, according to people familiar. This is a betting big on ultimately the share price improvement in a company that they've anointed to build that technology of the future.Interestingly, I thought Sam Altman was on fighting form today and while yesterday when he arrived at Sun Valley, also saying that, look, watch this space for all hardware. That was the last question t ...