wsj.com web signal

WSJ: Snap Bets Company on $2,195 Specs AR Glasses Even as Planned Outside Funding Falls Through

Summary

The Wall Street Journal profiles Snap CEO Evan Spiegel's push to sell $2,195 Specs AR glasses, reporting that Spiegel wore the device for the interview against internal advice and that a planned outside funding round tied to Specs never materialised. The piece frames Specs as an existential bet for Snap against Meta and Apple wearables efforts.