MILAN (Reuters) -A prospective investment by Meta Platforms in eyeglasses maker EssilorLuxottica will be a "symbolic" gesture to cement their long-term partnership, Meta CEO Mark Zuckerberg told technology news website The Verge. Earlier this month, EssilorLuxottica said it had extended its partnership with Meta for developing smart eyewear.
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Meta Platforms and Ray-Ban maker EssilorLuxottica announced Tuesday that they've extended their partnership with plans to "collaborate into the next decade to develop multi-generational smart eyewear products." Meta stock opened slightly higher. The Facebook parent company has been working with the Paris-based EssilorLuxottica since 2019.