Big Relief For Google, Meta, And Apple As US Regulator Green-lights Mobile VR Devices
Portfolio Pulse from Benzinga Neuro
The U.S. Federal Communications Commission (FCC) has approved Google (Alphabet Inc.), Apple Inc., and Meta Platforms Inc. to distribute their new mobile virtual and augmented reality devices. The devices are designed to operate on the same airwaves as Wi-Fi-enabled gadgets. This approval allows these companies to roll out their latest wearable tech and in-car services, and also permits the sharing of navigation data between smartphones and vehicles.
October 20, 2023 | 10:29 am
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Apple Inc. has received FCC approval to distribute its new mobile VR and AR devices.
The FCC approval allows Apple to distribute its new mobile VR and AR devices, which could potentially increase its market share in the tech industry and positively impact its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Google, part of Alphabet Inc., has received FCC approval to distribute its new mobile VR and AR devices.
The FCC approval allows Google to distribute its new mobile VR and AR devices, which could potentially increase its market share in the tech industry and positively impact its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Meta Platforms Inc. has received FCC approval to distribute its new mobile VR and AR devices.
The FCC approval allows Meta to distribute its new mobile VR and AR devices, which could potentially increase its market share in the tech industry and positively impact its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100