SNAP UNVEILS $2,195 AR GLASSES AS CEO EVAN SPIEGEL BETS ON POST-SMARTPHONE FUTURE

Summary from the TLDR newsletter

Snap's Specs, at $2,195 with a $200 refundable deposit, are expected to ship later this year in the US, UK, and France. The augmented reality glasses bring digital visuals into a user's field of vision, creating a new way to use computing in shared experiences in the real world. Snap's earlier attempt at a similar product, the $130 camera only Spectacles that debuted in 2016, never became a hit. Meta has more recently found some success with its Ray-Ban Meta glasses, and Google plans to launch AI-powered glasses developed together with Samsung.