Snap CEO Spiegel defends Specs as long-term bet, pushes back against activist pressure
June 16 : Snap CEO Evan Spiegel told Reuters the company's new Specs augmented-reality glasses are part of its long-term strategy, pushing back on activist investor demands to shut down or spin off the cash-burning unit behind the device.The Snapchat parent launched the device, its first consumer AR glasses,
16 Jun 16:53 · CNA