In fact, it does not. That's perhaps the best thing about the designs currently shown - they look like something a normal, even attractive human being might wear in public. For the first time, I'm starting to take this project seriously. The key, of course, will be the integration with the environment and the internet. But if the project dies, it will leave a good-looking corpse!
Unless the logos are from Armani etc. Glasses already have logos on them.
Just got a new pair of glasses. Currently there are Nike, Adidas, Harley Davidson and Armani (among many others). But the multi color Google logo...not so much.