Facebook Could Unveil Its Video-Chatting Device Next Week [The Motley Fool]
Meta Platforms, Inc. - Class A (FB)
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm
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Source: The Motley Fool
Would you trust Facebook to put a video camera in your home? Investors have been hearing about Facebook 's ( NASDAQ:FB ) rumored video-chatting device for over a year , and it sounds like it's finally ready to launch. The company decided to move forward with development earlier this year, and initially wanted to show off the device at its F8 developer conference in May, before pushing that timeline back to a summer launch . Facebook decided to delay the launch date so that it could focus on the fallout from its multiple data privacy scandals. Facebook's Portal product could at long last be ready to ship. Can Facebook's Portal compete with Amazon's Echo Show? Image source: Amazon. Portal incoming Cheddar reports that Facebook is planning to unveil the Portal next week. There will be a smaller model priced at $300 and a larger version priced at $400, according to the report. Those price points are lower than the $500 price that was initially rumored.
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