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01-25

$Alphabet(GOOGL)$ 150 today?

2021-06-24

Wow

Cathie Wood bought 1 million shares of Grayscale Bitcoin Trust during crypto's drop below $30,000

2021-06-24

Bbtea ❤️

Bubble Tea Chain Raises $656 Million in Hong Kong IPO

2021-06-17

Interesting

Facebook's Hardware Business Is Creeping Into Apple's Backyard

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today?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/266561834905880","isVote":1,"tweetType":1,"viewCount":369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128865013,"gmtCreate":1624510533832,"gmtModify":1703838851202,"author":{"id":"3574940915326235","authorId":"3574940915326235","name":"TheMysTrader","avatar":"https://static.tigerbbs.com/08abc512620038ac153ab0bf62705216","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3574940915326235","authorIdStr":"3574940915326235"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128865013","repostId":"1170004118","repostType":4,"repost":{"id":"1170004118","kind":"news","pubTimestamp":1624491924,"share":"https://ttm.financial/m/news/1170004118?lang=&edition=fundamental","pubTime":"2021-06-24 07:45","market":"us","language":"en","title":"Cathie Wood bought 1 million shares of Grayscale Bitcoin Trust during crypto's drop below $30,000","url":"https://stock-news.laohu8.com/highlight/detail?id=1170004118","media":"CNBC","summary":"Ark Invest’s Cathie Wood took advantage of the volatility in bitcoin on Tuesday, buying up shares of","content":"<div>\n<p>Ark Invest’s Cathie Wood took advantage of the volatility in bitcoin on Tuesday, buying up shares of Grayscale Bitcoin Trust and Coinbase.\nWood — known for taking advantage of dips in her highest ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/23/cathie-wood-bought-1-million-shares-of-the-grayscale-bitcoin-trust-during-drop-below-30000.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood bought 1 million shares of Grayscale Bitcoin Trust during crypto's drop below $30,000</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood bought 1 million shares of Grayscale Bitcoin Trust during crypto's drop below $30,000\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 07:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/23/cathie-wood-bought-1-million-shares-of-the-grayscale-bitcoin-trust-during-drop-below-30000.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark Invest’s Cathie Wood took advantage of the volatility in bitcoin on Tuesday, buying up shares of Grayscale Bitcoin Trust and Coinbase.\nWood — known for taking advantage of dips in her highest ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/23/cathie-wood-bought-1-million-shares-of-the-grayscale-bitcoin-trust-during-drop-below-30000.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/06/23/cathie-wood-bought-1-million-shares-of-the-grayscale-bitcoin-trust-during-drop-below-30000.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1170004118","content_text":"Ark Invest’s Cathie Wood took advantage of the volatility in bitcoin on Tuesday, buying up shares of Grayscale Bitcoin Trust and Coinbase.\nWood — known for taking advantage of dips in her highest conviction picks —purchased 1,046,002 shares of the Grayscale Bitcoin Trust in theARK Next Generation Internet ETFon Tuesday, a position worth roughly $29 million based on Grayscale’s closing price of $28.01 per share. Shares of Grayscale closed flat on Tuesday but dropped near $25 per share during the rout in bitcoin.\nThe founder and CEO of Ark Invest also purchased 214,718 shares of Coinbase in her flagship fundARK Innovationfund, worth about $47.8 million based on Coinbase’s closing price of $222.47 per share. Shares of Coinbase closed down just 0.6% on Tuesday, but the stock dropped as low as $210 per share during the trading day.\n\nThe price of bitcoin tumbled below the key $30,000 level Tuesday morning and then rallied back into positive territory in a wild reversal. Near its low of the day, bitcoin fell more than 11% to about $28,911, below the $29,026 level where it ended 2020, according to Coin Metrics. The cryptocurrency then bounced and traded around $32,637.54 around the market close.\nWith Tuesday’s losses, bitcoin has been cut in half from its all-time high of more than $64,000 in mid-April. Bitcoin last traded up 4% to around $33,958, according to Coin Metrics.\nGrayscale Bitcoin Trust, an investment that holds bitcoin, is now the 7th largest holding in ARK Next Generation Internet ETF, representing more than 4% of the fund. The trust is down 12% this year but up over 150% over the last 12 months.\n\nMeanwhile, Coinbase, the world’s largest cryptocurrency exchange, is the 10th largest holding in Ark’s flagship fund ARK Innovation. The stock represents nearly 3.5% of the ETF.\n\nThe Ark fund’s prospectus states it may have indirect exposure to bitcoin through the Grayscale trust but not through bitcoin itself.","news_type":1},"isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128868955,"gmtCreate":1624510444177,"gmtModify":1703838846300,"author":{"id":"3574940915326235","authorId":"3574940915326235","name":"TheMysTrader","avatar":"https://static.tigerbbs.com/08abc512620038ac153ab0bf62705216","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3574940915326235","authorIdStr":"3574940915326235"},"themes":[],"htmlText":"Bbtea ❤️","listText":"Bbtea ❤️","text":"Bbtea ❤️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128868955","repostId":"1178700711","repostType":4,"repost":{"id":"1178700711","kind":"news","pubTimestamp":1624497882,"share":"https://ttm.financial/m/news/1178700711?lang=&edition=fundamental","pubTime":"2021-06-24 09:24","market":"hk","language":"en","title":"Bubble Tea Chain Raises $656 Million in Hong Kong IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1178700711","media":"Bloomberg","summary":"(Bloomberg) -- Chinese bubble tea chain Nayuki Holdings Ltd. has raised HK$5.09 billion ($656 millio","content":"<p>(Bloomberg) -- Chinese bubble tea chain Nayuki Holdings Ltd. has raised HK$5.09 billion ($656 million) after pricing its Hong Kong initial public offering at the top of a marketed range, the latest company to ride a resurgence of listings in the Asian financial hub.</p>\n<p>Nayuki, whose popular fresh-fruit teas include cheese-foam-topped beverages, has priced 257.3 million shares at HK$19.8 each, according to terms of the deal obtained by Bloomberg News. It had marketed the shares at HK$17.2 to HK$19.8 apiece.</p>\n<p>The teahouse operator is testing the waters after Angelalign Technology Inc., a maker of clear orthodontic braces, heralded a revival in Hong Kong’s IPO market with a massive 132% pop on its June 16 debut, becoming one of this year’s most popular offerings in the city.</p>\n<p>First-time share sales in Hong Kong are ticking up after a period of muted activity, as an easing of the global tech selloff has created a more favorable backdrop for debuts. At least 13 companies are currently in the lineup to go public, compared to only two deals priced in April and four in May, according to data compiled by Bloomberg.</p>\n<p>Still, not every IPO is getting a warm welcome as investors have become more selective amid higher volatility in markets and growing expectations of a tightening of U.S. monetary policy. China Youran Dairy Group Ltd. and CARsgen Therapeutics Holdings Ltd. slumped 12% and 9%, respectively, in their trading debuts last Friday.</p>\n<p>Nayuki’s share sale attracted five cornerstone investors who agreed to subscribe for about $155 million of stock. They are UBS Asset Management, China Universal Asset Management, GF Fund, China Southern Asset Management and CCB International, according to the prospectus.</p>\n<p>The retail portion of Nayuki’s IPO was more than 400 times oversubscribed, the Hong Kong Economic Journal reported, citing people it didn’t identify.</p>\n<p>The top-of-the-range pricing values the bubble tea chain at about $4.38 billion, up from the $2 billion in its last funding round. It originally planned to file for an IPO in the U.S. in February last year, Bloomberg News reported, but eventually opted for Hong Kong.</p>\n<p>The Shenzhen-based firm sells fresh-fruit teas, cold-brew beverages and baked goods. It recorded losses of 203 million yuan in 2020 and 40 million yuan in the previous year, according to its prospectus. Revenue rose 22% year-on-year to 3.1 billion yuan.</p>\n<p>Nayuki plans to use proceeds from the offering to expand its teahouse network, deepen market penetration and strengthen its supply chain. It had 491 flagship Nayuki outlets at the end of last year, including 489 in mainland China and one each in Hong Kong and Japan.</p>\n<p>Nayuki’s shares are set to start trading in Hong Kong on June 30. JPMorgan Chase &amp; Co., CMB International Capital Ltd. and Huatai International Ltd. are joint sponsors for the listing.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bubble Tea Chain Raises $656 Million in Hong Kong IPO</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBubble Tea Chain Raises $656 Million in Hong Kong IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 09:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bubble-tea-chain-said-raise-111206490.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Chinese bubble tea chain Nayuki Holdings Ltd. has raised HK$5.09 billion ($656 million) after pricing its Hong Kong initial public offering at the top of a marketed range, the latest ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bubble-tea-chain-said-raise-111206490.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"02150":"奈雪的茶"},"source_url":"https://finance.yahoo.com/news/bubble-tea-chain-said-raise-111206490.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178700711","content_text":"(Bloomberg) -- Chinese bubble tea chain Nayuki Holdings Ltd. has raised HK$5.09 billion ($656 million) after pricing its Hong Kong initial public offering at the top of a marketed range, the latest company to ride a resurgence of listings in the Asian financial hub.\nNayuki, whose popular fresh-fruit teas include cheese-foam-topped beverages, has priced 257.3 million shares at HK$19.8 each, according to terms of the deal obtained by Bloomberg News. It had marketed the shares at HK$17.2 to HK$19.8 apiece.\nThe teahouse operator is testing the waters after Angelalign Technology Inc., a maker of clear orthodontic braces, heralded a revival in Hong Kong’s IPO market with a massive 132% pop on its June 16 debut, becoming one of this year’s most popular offerings in the city.\nFirst-time share sales in Hong Kong are ticking up after a period of muted activity, as an easing of the global tech selloff has created a more favorable backdrop for debuts. At least 13 companies are currently in the lineup to go public, compared to only two deals priced in April and four in May, according to data compiled by Bloomberg.\nStill, not every IPO is getting a warm welcome as investors have become more selective amid higher volatility in markets and growing expectations of a tightening of U.S. monetary policy. China Youran Dairy Group Ltd. and CARsgen Therapeutics Holdings Ltd. slumped 12% and 9%, respectively, in their trading debuts last Friday.\nNayuki’s share sale attracted five cornerstone investors who agreed to subscribe for about $155 million of stock. They are UBS Asset Management, China Universal Asset Management, GF Fund, China Southern Asset Management and CCB International, according to the prospectus.\nThe retail portion of Nayuki’s IPO was more than 400 times oversubscribed, the Hong Kong Economic Journal reported, citing people it didn’t identify.\nThe top-of-the-range pricing values the bubble tea chain at about $4.38 billion, up from the $2 billion in its last funding round. It originally planned to file for an IPO in the U.S. in February last year, Bloomberg News reported, but eventually opted for Hong Kong.\nThe Shenzhen-based firm sells fresh-fruit teas, cold-brew beverages and baked goods. It recorded losses of 203 million yuan in 2020 and 40 million yuan in the previous year, according to its prospectus. Revenue rose 22% year-on-year to 3.1 billion yuan.\nNayuki plans to use proceeds from the offering to expand its teahouse network, deepen market penetration and strengthen its supply chain. It had 491 flagship Nayuki outlets at the end of last year, including 489 in mainland China and one each in Hong Kong and Japan.\nNayuki’s shares are set to start trading in Hong Kong on June 30. JPMorgan Chase & Co., CMB International Capital Ltd. and Huatai International Ltd. are joint sponsors for the listing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163328074,"gmtCreate":1623860099598,"gmtModify":1703821818021,"author":{"id":"3574940915326235","authorId":"3574940915326235","name":"TheMysTrader","avatar":"https://static.tigerbbs.com/08abc512620038ac153ab0bf62705216","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3574940915326235","authorIdStr":"3574940915326235"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163328074","repostId":"2143978737","repostType":4,"repost":{"id":"2143978737","kind":"highlight","pubTimestamp":1623857100,"share":"https://ttm.financial/m/news/2143978737?lang=&edition=fundamental","pubTime":"2021-06-16 23:25","market":"us","language":"en","title":"Facebook's Hardware Business Is Creeping Into Apple's Backyard","url":"https://stock-news.laohu8.com/highlight/detail?id=2143978737","media":"Motley Fool","summary":"But Apple shouldn't lose any sleep over Facebook's smartwatch plans.","content":"<p><b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> (NASDAQ:FB) could be developing a smartwatch with two cameras, according to The Verge. The camera on the front will likely be used for video calls, while the rear camera can be detached to capture photos and videos for Facebook's family of apps.</p>\n<p>Facebook is also reportedly in talks with companies to develop accessories for attaching the camera to backpacks and other objects. Previous rumors regarding the watch suggested it will sport health-tracking features, run on a stand-alone cellular connection, and use a custom version of the Android operating system. Could this long-rumored device help Facebook challenge <b>Apple</b> (NASDAQ:AAPL) in the smartwatch market?</p>\n<h2>Why is Facebook developing a smartwatch?</h2>\n<p>Facebook generated 97% of its revenue from ads last quarter. The remaining 3% came from its \"other\" businesses, which include its Oculus virtual reality (VR) headsets and Portal smart screens. It might initially seem odd for Facebook to add a smartwatch to that lineup, but it would actually complement its previous hardware strategies.</p>\n<p>Facebook's strongest hardware business is its lineup of Oculus VR headsets. It could ship at least three million Oculus Quest 2 headsets this year, according to SuperData. That would make the stand-alone VR headset, which doesn't require a PC or phone, the clear leader of its niche market.</p>\n<p>Looking beyond VR devices, Facebook is developing augmented reality (AR) glasses that will use similar controls as its Oculus headsets. It also acquired CTRL-Labs, which is developing a wristband that can use brain signals to control computers, in late 2019. In theory, CTRL-Labs' technology could eventually enable users to control VR and AR devices with \"mind-reading\" wristbands instead of controllers in the future.</p>\n<p>Meanwhile, Facebook's Portal devices haven't gained much momentum against <b>Amazon</b> (NASDAQ:AMZN) or <b>Alphabet</b>'s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google in the smart screen market. That failure likely dashed Facebook's hopes of expanding its social networking platforms beyond PCs and phones and into connected homes.</p>\n<p>When you put all those pieces together, you'll realize Facebook's smartwatch could be used to enhance control of its VR and AR devices, or to expand its social networks into the Internet of Things (IoT) and perhaps succeed where the Portal failed. Facebook could also eventually upgrade its watches with CTRL-Labs' technologies and enable users to control other IoT devices with their minds.</p>\n<h2>But let's not get ahead of ourselves... yet</h2>\n<p>Facebook has reportedly spent about $1 billion on the development of its smartwatch over the past few years, but it only initially plans to ship volumes in the low six figures.</p>\n<p>That would make Facebook a tiny smartwatch maker compared to <b>Apple</b> (NASDAQ:AAPL), which grew its Apple Watch shipments 19% to 33.9 million in 2020, according to Counterpoint Research. Apple ended the year with a whopping 40% share of the global smartwatch market.</p>\n<p>Facebook likely realizes its smartwatch will face the same three problems that plagued the Portal: a deep distrust of Facebook's brand, privacy concerns, and its late arrival into a saturated market. Google also encountered similar criticisms after its recent takeover of Fitbit.</p>\n<p>Facebook reportedly plans to launch its smartwatch next summer for about $400. But a lot could happen within the next year, and new smartwatches -- including a new version of the Apple Watch -- could easily steal Facebook's thunder. A smartwatch with two cameras could also be considered complicated and redundant, especially when smartphones and action cameras serve the same purposes.</p>\n<h2>The key takeaways</h2>\n<p>The global smartwatch market could still grow from $59 billion this year to nearly $100 billion in 2025, according to Research and Markets. That's great news for Apple, but it also suggests the market might still be big enough for newcomers like Facebook to gain a foothold.</p>\n<p>But investors should take all these rumors with a grain of salt until Facebook actually makes an official announcement. Even if Facebook's smartwatch fares better than the Portal, it probably won't generate a meaningful percentage of its revenue or reduce its overall dependence on ads.</p>\n<p>Instead, it should be considered a potential expansion of its ecosystem beyond PCs and phones, which might just complement its ongoing push into the virtual and augmented reality markets.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook's Hardware Business Is Creeping Into Apple's Backyard</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook's Hardware Business Is Creeping Into Apple's Backyard\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 23:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/16/facebooks-hardware-business-is-creeping-into-apple/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Facebook (NASDAQ:FB) could be developing a smartwatch with two cameras, according to The Verge. The camera on the front will likely be used for video calls, while the rear camera can be detached to ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/16/facebooks-hardware-business-is-creeping-into-apple/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03086":"华夏纳指","AAPL":"苹果","09086":"华夏纳指-U"},"source_url":"https://www.fool.com/investing/2021/06/16/facebooks-hardware-business-is-creeping-into-apple/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143978737","content_text":"Facebook (NASDAQ:FB) could be developing a smartwatch with two cameras, according to The Verge. The camera on the front will likely be used for video calls, while the rear camera can be detached to capture photos and videos for Facebook's family of apps.\nFacebook is also reportedly in talks with companies to develop accessories for attaching the camera to backpacks and other objects. Previous rumors regarding the watch suggested it will sport health-tracking features, run on a stand-alone cellular connection, and use a custom version of the Android operating system. Could this long-rumored device help Facebook challenge Apple (NASDAQ:AAPL) in the smartwatch market?\nWhy is Facebook developing a smartwatch?\nFacebook generated 97% of its revenue from ads last quarter. The remaining 3% came from its \"other\" businesses, which include its Oculus virtual reality (VR) headsets and Portal smart screens. It might initially seem odd for Facebook to add a smartwatch to that lineup, but it would actually complement its previous hardware strategies.\nFacebook's strongest hardware business is its lineup of Oculus VR headsets. It could ship at least three million Oculus Quest 2 headsets this year, according to SuperData. That would make the stand-alone VR headset, which doesn't require a PC or phone, the clear leader of its niche market.\nLooking beyond VR devices, Facebook is developing augmented reality (AR) glasses that will use similar controls as its Oculus headsets. It also acquired CTRL-Labs, which is developing a wristband that can use brain signals to control computers, in late 2019. In theory, CTRL-Labs' technology could eventually enable users to control VR and AR devices with \"mind-reading\" wristbands instead of controllers in the future.\nMeanwhile, Facebook's Portal devices haven't gained much momentum against Amazon (NASDAQ:AMZN) or Alphabet's (NASDAQ:GOOGL) (NASDAQ:GOOG) Google in the smart screen market. That failure likely dashed Facebook's hopes of expanding its social networking platforms beyond PCs and phones and into connected homes.\nWhen you put all those pieces together, you'll realize Facebook's smartwatch could be used to enhance control of its VR and AR devices, or to expand its social networks into the Internet of Things (IoT) and perhaps succeed where the Portal failed. Facebook could also eventually upgrade its watches with CTRL-Labs' technologies and enable users to control other IoT devices with their minds.\nBut let's not get ahead of ourselves... yet\nFacebook has reportedly spent about $1 billion on the development of its smartwatch over the past few years, but it only initially plans to ship volumes in the low six figures.\nThat would make Facebook a tiny smartwatch maker compared to Apple (NASDAQ:AAPL), which grew its Apple Watch shipments 19% to 33.9 million in 2020, according to Counterpoint Research. Apple ended the year with a whopping 40% share of the global smartwatch market.\nFacebook likely realizes its smartwatch will face the same three problems that plagued the Portal: a deep distrust of Facebook's brand, privacy concerns, and its late arrival into a saturated market. Google also encountered similar criticisms after its recent takeover of Fitbit.\nFacebook reportedly plans to launch its smartwatch next summer for about $400. But a lot could happen within the next year, and new smartwatches -- including a new version of the Apple Watch -- could easily steal Facebook's thunder. A smartwatch with two cameras could also be considered complicated and redundant, especially when smartphones and action cameras serve the same purposes.\nThe key takeaways\nThe global smartwatch market could still grow from $59 billion this year to nearly $100 billion in 2025, according to Research and Markets. That's great news for Apple, but it also suggests the market might still be big enough for newcomers like Facebook to gain a foothold.\nBut investors should take all these rumors with a grain of salt until Facebook actually makes an official announcement. Even if Facebook's smartwatch fares better than the Portal, it probably won't generate a meaningful percentage of its revenue or reduce its overall dependence on ads.\nInstead, it should be considered a potential expansion of its ecosystem beyond PCs and phones, which might just complement its ongoing push into the virtual and augmented reality markets.","news_type":1},"isVote":1,"tweetType":1,"viewCount":658,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":266561834905880,"gmtCreate":1706114110823,"gmtModify":1706114114499,"author":{"id":"3574940915326235","authorId":"3574940915326235","name":"TheMysTrader","avatar":"https://static.tigerbbs.com/08abc512620038ac153ab0bf62705216","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3574940915326235","authorIdStr":"3574940915326235"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;150 today?&nbsp;","listText":"<a href=\"https://ttm.financial/S/GOOGL\">$Alphabet(GOOGL)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;150 today?&nbsp;","text":"$Alphabet(GOOGL)$ 150 today?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/266561834905880","isVote":1,"tweetType":1,"viewCount":369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128865013,"gmtCreate":1624510533832,"gmtModify":1703838851202,"author":{"id":"3574940915326235","authorId":"3574940915326235","name":"TheMysTrader","avatar":"https://static.tigerbbs.com/08abc512620038ac153ab0bf62705216","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3574940915326235","authorIdStr":"3574940915326235"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128865013","repostId":"1170004118","repostType":4,"isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128868955,"gmtCreate":1624510444177,"gmtModify":1703838846300,"author":{"id":"3574940915326235","authorId":"3574940915326235","name":"TheMysTrader","avatar":"https://static.tigerbbs.com/08abc512620038ac153ab0bf62705216","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3574940915326235","authorIdStr":"3574940915326235"},"themes":[],"htmlText":"Bbtea ❤️","listText":"Bbtea ❤️","text":"Bbtea ❤️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128868955","repostId":"1178700711","repostType":4,"isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":163328074,"gmtCreate":1623860099598,"gmtModify":1703821818021,"author":{"id":"3574940915326235","authorId":"3574940915326235","name":"TheMysTrader","avatar":"https://static.tigerbbs.com/08abc512620038ac153ab0bf62705216","crmLevel":3,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3574940915326235","authorIdStr":"3574940915326235"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/163328074","repostId":"2143978737","repostType":4,"repost":{"id":"2143978737","kind":"highlight","pubTimestamp":1623857100,"share":"https://ttm.financial/m/news/2143978737?lang=&edition=fundamental","pubTime":"2021-06-16 23:25","market":"us","language":"en","title":"Facebook's Hardware Business Is Creeping Into Apple's Backyard","url":"https://stock-news.laohu8.com/highlight/detail?id=2143978737","media":"Motley Fool","summary":"But Apple shouldn't lose any sleep over Facebook's smartwatch plans.","content":"<p><b><a href=\"https://laohu8.com/S/FB\">Facebook</a></b> (NASDAQ:FB) could be developing a smartwatch with two cameras, according to The Verge. The camera on the front will likely be used for video calls, while the rear camera can be detached to capture photos and videos for Facebook's family of apps.</p>\n<p>Facebook is also reportedly in talks with companies to develop accessories for attaching the camera to backpacks and other objects. Previous rumors regarding the watch suggested it will sport health-tracking features, run on a stand-alone cellular connection, and use a custom version of the Android operating system. Could this long-rumored device help Facebook challenge <b>Apple</b> (NASDAQ:AAPL) in the smartwatch market?</p>\n<h2>Why is Facebook developing a smartwatch?</h2>\n<p>Facebook generated 97% of its revenue from ads last quarter. The remaining 3% came from its \"other\" businesses, which include its Oculus virtual reality (VR) headsets and Portal smart screens. It might initially seem odd for Facebook to add a smartwatch to that lineup, but it would actually complement its previous hardware strategies.</p>\n<p>Facebook's strongest hardware business is its lineup of Oculus VR headsets. It could ship at least three million Oculus Quest 2 headsets this year, according to SuperData. That would make the stand-alone VR headset, which doesn't require a PC or phone, the clear leader of its niche market.</p>\n<p>Looking beyond VR devices, Facebook is developing augmented reality (AR) glasses that will use similar controls as its Oculus headsets. It also acquired CTRL-Labs, which is developing a wristband that can use brain signals to control computers, in late 2019. In theory, CTRL-Labs' technology could eventually enable users to control VR and AR devices with \"mind-reading\" wristbands instead of controllers in the future.</p>\n<p>Meanwhile, Facebook's Portal devices haven't gained much momentum against <b>Amazon</b> (NASDAQ:AMZN) or <b>Alphabet</b>'s (NASDAQ:GOOGL) (NASDAQ:GOOG) Google in the smart screen market. That failure likely dashed Facebook's hopes of expanding its social networking platforms beyond PCs and phones and into connected homes.</p>\n<p>When you put all those pieces together, you'll realize Facebook's smartwatch could be used to enhance control of its VR and AR devices, or to expand its social networks into the Internet of Things (IoT) and perhaps succeed where the Portal failed. Facebook could also eventually upgrade its watches with CTRL-Labs' technologies and enable users to control other IoT devices with their minds.</p>\n<h2>But let's not get ahead of ourselves... yet</h2>\n<p>Facebook has reportedly spent about $1 billion on the development of its smartwatch over the past few years, but it only initially plans to ship volumes in the low six figures.</p>\n<p>That would make Facebook a tiny smartwatch maker compared to <b>Apple</b> (NASDAQ:AAPL), which grew its Apple Watch shipments 19% to 33.9 million in 2020, according to Counterpoint Research. Apple ended the year with a whopping 40% share of the global smartwatch market.</p>\n<p>Facebook likely realizes its smartwatch will face the same three problems that plagued the Portal: a deep distrust of Facebook's brand, privacy concerns, and its late arrival into a saturated market. Google also encountered similar criticisms after its recent takeover of Fitbit.</p>\n<p>Facebook reportedly plans to launch its smartwatch next summer for about $400. But a lot could happen within the next year, and new smartwatches -- including a new version of the Apple Watch -- could easily steal Facebook's thunder. A smartwatch with two cameras could also be considered complicated and redundant, especially when smartphones and action cameras serve the same purposes.</p>\n<h2>The key takeaways</h2>\n<p>The global smartwatch market could still grow from $59 billion this year to nearly $100 billion in 2025, according to Research and Markets. That's great news for Apple, but it also suggests the market might still be big enough for newcomers like Facebook to gain a foothold.</p>\n<p>But investors should take all these rumors with a grain of salt until Facebook actually makes an official announcement. Even if Facebook's smartwatch fares better than the Portal, it probably won't generate a meaningful percentage of its revenue or reduce its overall dependence on ads.</p>\n<p>Instead, it should be considered a potential expansion of its ecosystem beyond PCs and phones, which might just complement its ongoing push into the virtual and augmented reality markets.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook's Hardware Business Is Creeping Into Apple's Backyard</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook's Hardware Business Is Creeping Into Apple's Backyard\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 23:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/16/facebooks-hardware-business-is-creeping-into-apple/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Facebook (NASDAQ:FB) could be developing a smartwatch with two cameras, according to The Verge. The camera on the front will likely be used for video calls, while the rear camera can be detached to ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/16/facebooks-hardware-business-is-creeping-into-apple/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03086":"华夏纳指","AAPL":"苹果","09086":"华夏纳指-U"},"source_url":"https://www.fool.com/investing/2021/06/16/facebooks-hardware-business-is-creeping-into-apple/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143978737","content_text":"Facebook (NASDAQ:FB) could be developing a smartwatch with two cameras, according to The Verge. The camera on the front will likely be used for video calls, while the rear camera can be detached to capture photos and videos for Facebook's family of apps.\nFacebook is also reportedly in talks with companies to develop accessories for attaching the camera to backpacks and other objects. Previous rumors regarding the watch suggested it will sport health-tracking features, run on a stand-alone cellular connection, and use a custom version of the Android operating system. Could this long-rumored device help Facebook challenge Apple (NASDAQ:AAPL) in the smartwatch market?\nWhy is Facebook developing a smartwatch?\nFacebook generated 97% of its revenue from ads last quarter. The remaining 3% came from its \"other\" businesses, which include its Oculus virtual reality (VR) headsets and Portal smart screens. It might initially seem odd for Facebook to add a smartwatch to that lineup, but it would actually complement its previous hardware strategies.\nFacebook's strongest hardware business is its lineup of Oculus VR headsets. It could ship at least three million Oculus Quest 2 headsets this year, according to SuperData. That would make the stand-alone VR headset, which doesn't require a PC or phone, the clear leader of its niche market.\nLooking beyond VR devices, Facebook is developing augmented reality (AR) glasses that will use similar controls as its Oculus headsets. It also acquired CTRL-Labs, which is developing a wristband that can use brain signals to control computers, in late 2019. In theory, CTRL-Labs' technology could eventually enable users to control VR and AR devices with \"mind-reading\" wristbands instead of controllers in the future.\nMeanwhile, Facebook's Portal devices haven't gained much momentum against Amazon (NASDAQ:AMZN) or Alphabet's (NASDAQ:GOOGL) (NASDAQ:GOOG) Google in the smart screen market. That failure likely dashed Facebook's hopes of expanding its social networking platforms beyond PCs and phones and into connected homes.\nWhen you put all those pieces together, you'll realize Facebook's smartwatch could be used to enhance control of its VR and AR devices, or to expand its social networks into the Internet of Things (IoT) and perhaps succeed where the Portal failed. Facebook could also eventually upgrade its watches with CTRL-Labs' technologies and enable users to control other IoT devices with their minds.\nBut let's not get ahead of ourselves... yet\nFacebook has reportedly spent about $1 billion on the development of its smartwatch over the past few years, but it only initially plans to ship volumes in the low six figures.\nThat would make Facebook a tiny smartwatch maker compared to Apple (NASDAQ:AAPL), which grew its Apple Watch shipments 19% to 33.9 million in 2020, according to Counterpoint Research. Apple ended the year with a whopping 40% share of the global smartwatch market.\nFacebook likely realizes its smartwatch will face the same three problems that plagued the Portal: a deep distrust of Facebook's brand, privacy concerns, and its late arrival into a saturated market. Google also encountered similar criticisms after its recent takeover of Fitbit.\nFacebook reportedly plans to launch its smartwatch next summer for about $400. But a lot could happen within the next year, and new smartwatches -- including a new version of the Apple Watch -- could easily steal Facebook's thunder. A smartwatch with two cameras could also be considered complicated and redundant, especially when smartphones and action cameras serve the same purposes.\nThe key takeaways\nThe global smartwatch market could still grow from $59 billion this year to nearly $100 billion in 2025, according to Research and Markets. That's great news for Apple, but it also suggests the market might still be big enough for newcomers like Facebook to gain a foothold.\nBut investors should take all these rumors with a grain of salt until Facebook actually makes an official announcement. Even if Facebook's smartwatch fares better than the Portal, it probably won't generate a meaningful percentage of its revenue or reduce its overall dependence on ads.\nInstead, it should be considered a potential expansion of its ecosystem beyond PCs and phones, which might just complement its ongoing push into the virtual and augmented reality markets.","news_type":1},"isVote":1,"tweetType":1,"viewCount":658,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}