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Meta, Apple and Google cheer FCC ruling that could pave the way for new AR and VR applications - TL;DR CNBC

Meta, Apple and Google cheer FCC ruling that could pave the way for new AR and VR applications

Publishing timestamp: 2023-10-20 11:03:51


Summary

The Federal Communications Commission (FCC) has agreed to open a band of spectrum for wearable devices, including augmented and virtual reality wearables. Companies like Apple, Broadcom, Meta, and Google have advocated for this move, believing it will pave the way for new applications and advancements in wearable technology. The FCC expects this decision to spur the development of cutting-edge applications and enhance various industries such as healthcare, learning, and entertainment.


Sentiment: POSITIVE

Tickers: AAPL,  AMZN,  META,  GOOGL,  GOOG,  AVGO, 

Keywords: amazon.com inc,  apple inc,  breaking news: technology,  alphabet inc,  social media,  breaking news: politics,  broadcom inc,  technology,  mobile,  alphabet class c,  business news,  meta platforms inc,  washington,  politics, 

Source: https://www.cnbc.com/2023/10/19/meta-apple-google-cheer-fcc-ruling-that-could-spur-new-vr-ar-apps.html


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