Tagged With snapchat spectacles

Snap is screwed. Following an earnings call on Tuesday, a fifth of the company's value disappeared in after-hours trading, Mark Zuckerberg is eating its lunch, Snap Spectacles are in the toilet. Yes, things are bad. But are they Vine-levels of bad? Or Twitter-bad? Trick question, Twitter's very screwed!

With the release of Spectacles, its first piece of hardware, Snapchat also announced that it was renaming its corporation Snap Inc. -- a move that would position them as a broader tech enterprise. After months of restricting supply to IRL pop-ups, Snap will now sell the video-recording sunglasses online in the US.