Before I begin, I want to ask a question. How many of you have never created music of any kind. Yeah, please raise your hand.Like I'm sure it's majority of you, but please raise your hands. Okay. Okay.Some full hands, some one and a half hands and Okay. So, yeah, I'm not surprised. Music is something which majority of the people never make in their lives.And how many of you play any musical instruments. Now I'm asking how many of you play musical instrument. Okay.So, Two, three, four, five, six. Okay, very ...

Core Insights - Snap is establishing an independent subsidiary focused on augmented reality smart glasses to attract external investment and compete with larger rival Meta in the growing wearables market [1] Company Strategy - The creation of a subsidiary indicates Snap's commitment to expanding its presence in the augmented reality sector [1] - The move aims to enhance Snap's competitive edge against Meta, which is a significant player in the wearables market [1] Market Context - The wearables market is experiencing rapid growth, prompting companies like Snap to innovate and seek investment opportunities [1] - By focusing on augmented reality, Snap is positioning itself to capitalize on emerging trends within the technology landscape [1]

Group 1 - Roblox Corporation is recognized as one of the best augmented reality stocks to buy, with BMO Capital reiterating an Outperform rating and setting a price target of $155 [1] - The company boasts 152 million daily active users and has paid out $1.5 billion to UGC creators annually, highlighting its competitive edge in the user-generated content gaming space [2] - JPMorgan analyst Cory Carpenter maintains a bullish stance with a Buy rating, noting stabilization in platform engagement and a slight year-over-year acceleration in trends [3] Group 2 - Roblox serves as an AR enabler, allowing creators to build and monetize immersive experiences through its platform, which includes Roblox Client, Studio, and Cloud [4] - The platform supports the development of AR experiences like virtual try-ons and interactive marketing, while the company's core focus remains on user-generated content, gaming, and social interaction [4]

Product Launches - Meta unveiled the $799 Meta Ray-Ban Display glasses, the first consumer-ready smart glasses with a built-in display [1][2] - The Oakley Meta Vanguard smart glasses, designed for high-intensity sports, will launch at $499 on October 21, 2023 [5] - The Ray-Ban Meta (Gen 2) is priced at $379, an increase from $299 for the previous version, and features improved battery life and camera capabilities [8] Technology Features - The Meta Ray-Ban Display glasses include a small digital display controlled by hand gestures via a wristband powered by neural technology [2] - The Oakley Meta Vanguard glasses offer up to nine hours of battery life, can capture 3K video, and feature enhanced speakers [7] - The Ray-Ban Meta (Gen 2) has double the battery life of its predecessor, lasting 8 hours, and includes a more powerful camera for 3K Ultra HD video [8] Partnerships and Development - Meta has been collaborating with eyewear giant EssilorLuxottica since 2019 to develop its smart glasses and renewed a long-term partnership agreement last year [4] - The new smart glasses serve as a bridge between the audio-only Ray-Ban Meta smart glasses and the experimental Orion augmented reality glasses [3]