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Stock impact report

Meta Glasses Withheld From EU Over Battery Rules, Supply Snags [Yahoo! Finance]

ESSILOR LXTTCA UNSP/ADR (ESLOY) 
NASDAQ:AMEX Investor Relations: essilor.com/en/investors
Company Research Source: Yahoo! Finance
The social networking giant wants to launch the product in the EU with partner EssilorLuxottica SA, but has been unable to secure enough supply, according to a person with knowledge of the situation. Other factors in the delayed EU launch include local regulations governing AI features and batteries, said the person, who asked not to be identified because the matter is private. For now, the product is only available in the US. Under EU rules, devices sold in the region will be required to include removable batteries by 2027, complicating matters for device makers looking to cram in as many features and electronics. Building in removable battery doors takes up extra space, potentially reducing the amount of battery life or forcing other compromises. Meta is in discussions with the EU about the battery law and is seeking a carve-out for smart glasses developed both by it and other companies, the person added. The issue came to light this week when Andrew Puzder, the US ambassador Show less Read more
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