Facebook has been in a struggle to break into hardware for at least 6 years [CNBC]
Meta Platforms, Inc. - Class A (FB)
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Source: CNBC
Facebook has been in a struggle to break into hardware for at least 6 years 's The company partnered with HTC to create the HTC First, a smartphone with a -oriented interface that was an instant flop and was quickly discounted to just $0.99 on Wednesday announced its latest lineup of Portal partnering with Ray-Ban-maker Luxottica In 2014, bought Oculus VR for $2 billion with CEO Mark Zuckerberg and CTO Mike Schroepfer serving as the key deal sponsors behind the acquisition, according to a person familiar with the matter. At the time of the deal, Zuckerberg explained that had ambitions to build the next great consumer platform. "At this point we feel we're in a position where we can start focusing on what platforms will come next to enable even more useful, entertaining and personal experiences," Zuckerberg wrote in his Oculus acquisition announcement Since then, it has released a handful of virtual reality headsets. None have been hits, and the most successful of the bunch is the G
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