- June 16, 2021
- Posted by: Stratford Team
- Category: Business
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.
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 Apple (NASDAQ:AAPL) in the smartwatch market?
Image source: Getty Images.
Why is Facebook developing a smartwatch?
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…
