Strong quarter, stronger signal: Meta delivered a standout Q1 2025—$42.3Bn in revenue (+16% YoY) and $16.6Bn in net income (+35%)—powered by monetization momentum across Facebook, Instagram, WhatsApp, and Threads. Why this stands out: The numbers underscore Meta’s early success in turning AI into real business impact. The company raised its 2025 capex guidance to $64B–$72B, …
The Ray-Ban Stories mark the first smart glasses that Meta has made in association with Ray-Ban. At first glance, the Ray-Ban Stories may seem like the familiar, old yet stylish Ray-Ban styles, including the Wayfarer, Round and Meteor. The first-generation Ray-Ban Stories are not AR-enabled. All the Stories glasses sport the iconic Ray-Ban design, albeit …
Google recently acquired North, a Canadian company founded in 2012, that makes smart glasses. The IP and talent pool at North will help in building-up Google’s AR hardware. While the value of the deal has not been disclosed, there have been speculations that Google paid around $180Mn. As an early mover in the field of …