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The market selling tech and growth stocks this week didn't help Snap.

Ivan covers Big Tech, India, policy, AI, security, platforms, and apps for TNW. That's one heck of a mixed bag. He likes to say "Bleh." Ivan covers Big Tech, India, policy, AI, security, platforms, and apps for TNW. That's one heck of a mixed bag. He likes to say "Bleh." Over the past few days, Facebook and Mark Zuckerberg have talked about building an all-encompassing virtual world,  a ‘Metaverse‘ if you will. The hypothetical universe will live across AR, VR, PC, cons...

Snap buys WaveOptics for its AR spectacles for $500 million 24 May, 2021 Snap is buying an augmented reality startup, WaveOptics, for more than $500 million. WaveOptics is the supplier of the displays for its new digital spectacles glasses. The social media group will pay half the $500 million in stock under the deal. The other half will be paid in either cash or stock in two years’ time. Snapchat’s move underscores the belief of the big tech companies that consumer demand for augmented reality wearables is going to increase. Google, Apple and Facebook, are all already working on AR augm...

@stablesjames Snap has unveiled the fourth generation of its Spectacles, and it’s introduced true AR for the first time. The social media giant behind Snapchat has been one of the biggest drivers of smartglasses, albeit with mixed success. But while the company has championed wearables for the face, it’s stopped short of true AR tech – until now. The new Snap Spectacles are a huge design divergence from the previous generations. Gone are the fun, brash and brightly colored designs that were primarily for recording and sharing content. The new specs are angul...