Snapchat Released $130 camera-equipped Spectacles read more at here www.spinonews.com/index.php/item/979-snapchat-released-130-camera-equipped-spectacles

Snapchat app that allowed users to share quickly-disappearing messages. But now the company is moving into the hardware business. Snapchat CEO Evan Spiegel revealed $130 camera-equipped Spectacles yesterday.

Snapchat CEO Evan Spiegel also revealed that the company has been rebranded and renamed to Snap Inc. 

According to The Wall Street Journal, Snap Inc.'s first wearable product comes armed with a camera that can record 10-second videos when you tap a button near the hinge. Every tap starts a new recording, which can be easily connected to a smartphone.When WSJ asked Spiegel why he designed them. He said, "Because it's fun."

According to the WSJ, the camera on Spectacles uses a much wider lens than a normal cellphone camera, and records more "circular" video, intended to be "closer to human vision."

 

Snap Inc. will release Spectacles this fall for $130, but only a limited number of pairs will be available. The company wants to proceed slowly in order to get a feel of how people like it, and probably to see how well the initial stocks sell, before making more.