Tag

#Snap

5 articles

After unveiling ridiculously expensive AR glasses, Snap’s stock takes a dive

Snap's AR glasses debut has sparked investor concerns over the device's high price and limited functionality, causing a significant drop in the company's stock value.

Jun 1735

tech

Can anyone look cool wearing Snap’s $2,000 glasses?

Snap Inc. has unveiled its $2,195 AR glasses, positioning them as a device to bring computing into the world in a more human way. However, the high price tag and market reception remain uncertain.

Jun 1728

tech

Snap launches its AR glasses at $2,195 as a consumer product, betting the company on augmented reality

Snap has launched its AR glasses, Specs, at $2,195, marking a major strategic move into the augmented reality market. The company bets on AR as a transformative technology, though the high price may limit early adoption.

Jun 1632

business

20 Snap alumni launched an angel fund for the next generation of social media. They think “social” and “media” have split.

Twenty Snap alumni have launched Ghost Angels, an angel fund focused on investing in the next generation of social media and consumer AI startups. The fund aims to back platforms that are redefining social interaction through AI and immersive experiences.

May 3151

business

Snap cuts 1,000 jobs as Spiegel bets AI can do the work of a bigger workforce

Snap Inc. has announced the cutting of 1,000 jobs, or 16% of its full-time workforce, as CEO Evan Spiegel leverages AI to drive efficiency and pursue over $500 million in annual cost savings.

Apr 1557