Snap Forms ‘Specs Inc’ to Insulate AR Business Ahead of AR Glasses Launch

Snapchat maker Snap announced it’s formed Specs Inc, a new business dedicated to its upcoming AR glasses.The News
Specs Inc is a wholly-owned subsidiary within Snap which the company says will allow for “greater operational focus and alignment” ahead of the public launch of its latest AR glasses coming later this year.
In addition to operating its AR efforts directly under the new brand, Snap says Specs Inc will also allow for “new partnerships and capital flexibility,&rd