CNBC October 10, 2024
Salvador Rodriguez, Jonathan Vanian

Key Points

– The company formerly known as Facebook appears to have found its footing in virtual and augmented reality through smart glasses.

– Following the Orion smart glasses showcase, Meta is preparing to strengthen its relationship with software developers as it works toward building a consumer version of the device.

– The company is also pushing its current generation of Ray-Ban Meta smart glasses to more consumers for the 2024 holiday shopping season.

When Facebook changed its name to Meta in October 2021, CEO Mark Zuckerberg used the occasion to show the world his vision of a digital future of work and recreation accessible through a virtual reality headset. The company soon opened its play universe called Horizon...

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