Snap said to be working on a new version of Spectacles

James Martin  CNET

Snap's first-generation Spectacles are considered to have been a flop, with the company saying in November that it had to write down nearly $40 million in relation to the Spectacles, mostly due to " excess inventory and purchase commitment cancellations". This is because Snap wants to position itself more as an eyewear company.

Snap, Inc. calls itself a "camera company" so it shouldn't be all that surprising that it's working on new versions of its Spectacles hardware (especially since we reported just that last June). It explains why Snap is continuing to develop a product line that others would have probably already given up on. The second generation of the device, Cheddar said, will include a water-resistant design, will be available in new colors, and will include both performance updates and bug fixes.

Also, if Snap is serious about being a camera company, it won't give up after one middling attempt. Unfortunately a potential price is $300, making them more than double the cost of the originals. Snap is supposedly talking to major glasses companies, including Luxottica and Warby Parker, in an effort to license its camera technology.

High Water: Flooding in parts of Middle Tennessee
An intense storm could bring flooding, beach erosion and harmful winds to New England this weekend, meteorologists said Wednesday. Along the shore, wave heights will be 4 to 8 feet, breaking along the shoreline and exacerbating flooding.

So, while Snapchat took a whopping $40 million loss on the first generation of Spectacles, it looks like it hasn't been deterred.

Snap Spectacles were an interesting concept, putting a basic camera into sunglasses and allowing you to quickly capture and upload events around you to Snapchat.

Related News:

  • Oscars 2018: how to watch and what to expect

    Oscars 2018: how to watch and what to expect

    One thing we do know is that safeguards have now been put in place to ensure there won't be another envelope mix-up. Miles Dale is part of lead Oscar nominee The Shape of Water's heavily Canadian team.
    The last male northern white rhino, 45, suffers declining health

    The last male northern white rhino, 45, suffers declining health

    More urgent is the need to stamp out the demand for rhino horn and bring an end to the poaching of these magnificent creatures. In Asia, the greater one-horned rhino species has been recovering and has a population of several thousand.

    Theresa May Welcomes to London the EC President Donald Tusk

    Tánaiste and Foreign Affairs Minister Simon Coveney says they haven't sprung any surprise on the British here. Main opposition leader Labour's Jeremy Corbyn accused May's government of being in disarray over Brexit.
  • Michelle Obama Has Some Twitter Tips For Donald Trump

    Michelle Obama Has Some Twitter Tips For Donald Trump

    April 2016: US President Barack Obama (R) and US First Lady Michelle Obama (2R) arrive for dinner at Kensington Palace in London. Obama enjoyed a hugely successful state visit to the United Kingdom in 2011, when he and his family stayed with the Queen .
    Year old teen diagnosed with Flu, really had cancer

    Year old teen diagnosed with Flu, really had cancer

    It was back in November that Hunter started to feel weak, his pediatrician initially telling Hunter he most likely had the flu . Since he began treatment, members of his family have shaved their heads in solidarity, the Washington Post reported .
    European Shares To Open Lower Ahead Of Powell's Second Testimony

    European Shares To Open Lower Ahead Of Powell's Second Testimony

    However, lifting interest rates to fight inflation makes the non-yielding metal less attractive. The dollar has pulled itself from three-year lows hit on February 16 on the back of rising U.S.
  • NRA members bemoan Trump's 'betrayal' on gun control

    NRA members bemoan Trump's 'betrayal' on gun control

    This week, two big gun retailers, Walmart and Dick's Sporting Goods , announced they would not sell guns to anyone under age 21. Trump tweeted that he'd had a "Good (Great) meeting in the Oval Office tonight with the NRA! ".
    Wilder vs — Showtime Boxing

    Wilder vs — Showtime Boxing

    Wilder says that Joshua has consistently tried to stay out of the conversation but that he'll leave him no options on March 31. Before Joshua fought Carlos Takam in October, Hearn said Wilder wouldn't fight British heavyweight Dillian Whyte.
    PSG will still be strong without Neymar, insists Zidane

    PSG will still be strong without Neymar, insists Zidane

    Neymar will undergo surgery on a fractured toe in his right foot and could be out for up to three months. If we're always motivated and thinking about the game, then we can achieve something great.
  • Reese Witherspoon, Kerry Washington to Star In 'Little Fires Everywhere' TV Adaptation

    Reese Witherspoon, Kerry Washington to Star In 'Little Fires Everywhere' TV Adaptation

    The out-going Scandal star and executive producer is repped by CAA, Washington Square Arts, and Gretchen Rush at Hansen, Jacobson. Simpson Street recently landed a pilot order at ABC for the comedy Man of the House , which will star Alyson Hannigan.
    Scotiabank Raises Toronto-Dominion Bank (TD) Price Target to C$87.00

    Scotiabank Raises Toronto-Dominion Bank (TD) Price Target to C$87.00

    The company has a market capitalization of $106,630.00, a P/E ratio of 13.53, a PEG ratio of 1.25 and a beta of 0.94. Scotia Capital maintained The Toronto-Dominion Bank (NYSE:TD) on Friday, August 28 with "Sector Perform" rating.
    Student who shot self in school bathroom planned school massacre

    Student who shot self in school bathroom planned school massacre

    Authorities said the student had 80 rounds of ammunition on him and did not know why he changed his mind and shot himself . The boy was taken to Children's Hospital Medical Center of Akron, where he died from his injuries the following day.

Most liked

Arizona basketball loses commitment from PG Brandon Williams
Get prep sports breaking news alerts from the Gwinnett Daily Post staff delivered to your email. Success! An email has been sent with a link to confirm list signup.

Cong Rushes Top Leaders to Meghalaya to Avoid Goa-like Situation
It seems the independent candidates will also play a crucial role in these elections as they are leading in 9 seats so far. The Congress is predicted to win 13-17 seats with a vote share of 21 per cent and others are likely to get 2 to 6 seats.

Donald Trump is against gun control, NRA says after meeting president
Toomey said it would hurt young adults who enjoy hunting or target shooting without addressing the issue of mass shootings. NRA spokeswoman Dana Loesch said Wednesdsay that Trump's meeting with lawmakers "made for good TV" but "bad policy".

Is Microsoft Corporation (MSFT) a Buy? The Stock Formed Double Top
Novavax, Inc. (NVAX ) have shown a high EPS growth of -43.40% in the last 5 years and has earnings decline of -72.80% yoy. The company's Average Earnings Estimate for the Current Fiscal quarter is $0.91, according to consensus of 27 analysts.

Quarterly Loser: Kinross Gold Corporation (KGC) stock performed -15.08%
It represents a security's price that, if achieved, results in a trader recognizing the best possible outcome for his investment. The stock of Kinross Gold Corporation (NYSE:KGC) earned "Market Perform" rating by BMO Capital Markets on Monday, December 19.

Friday's weather; Heavy snowfalls overnight with Status Red warning in place
The Army has been drafted in to help stranded drivers on motorways after Storm Emma battered the United Kingdom overnight. In Cornwall, a seven-year-old girl was confirmed to have died in a road collision which police attributed to the weather.

OKC expected to land Corey Brewer once he clears waivers
Given Donovan's history with Brewer back from the latter's college days, the deal makes a ton of sense for both parties. According to Marc Stein, Brewer and the Lakers are working on a buyout that will allow him to sign elsewhere.

Uber Drivers Only Make $3.37 an Hour, Stanford/MIT Study Says
While the ride-hailing giants are raking in the cash, it seems that not everybody who works at the companies is so lucky. Drivers can set up to six destinations per day, meaning Uber will only offer rides along that route.

Lego leaves behind fossil fuel plastics in search for sustainable blocks
Back in 2012, they explored ways to become more sustainable and invested heavily into the research three years later. It has also partnered with the World Wildlife Fund (WWF) to ensure the material is sourced sustainably.

Deputy expected to lose life after foot chase shooting
Officers pursued that auto as it fled through the city's streets, and Pickett and other officers joined the chase. Pickett, a five-year veteran, was shot while assisting the Lebanon Police Department, Indiana State Police said.

First of March's Two Full Moons On Display Tonight
But across the world, this full moon in March is also known to farmers as the Crow Moon, the Sap Moon and the Lenten Moon. Look out tonight at 7:51 PM (EST) to see the Full Worm Moon/Full Sap Moon shining brightly in the sky at its peak.

HEB releasing limited-edition bags honoring Selena
Working with Selena's big sis, Suzette Quintanilla, H-E-B created a completely recyclable tote bearing La Reina de Tejano's face. By the time NewsFix went to an HEB in Waxahachie the bags had already gone Bidi Bidi bye-bye.

In Old Interview, OJ Talks of Hypothetical Accomplice
Simpson and the case that gripped America, I highly recommend you watch HBO's Oscar winning documentary, 'O.J.: Made in America'. Simpson, who was convicted of kidnapping, armed robbery and assault with a deadly weapon back in 2008, was released on parole.

Opposition blaming India decision to raise chickpea tariff on Trudeau's troubled visit
But the official spokesman for the Indian ministry said Modi's government had nothing to do with invitations issued to Atwal. Trudeau also received backlash over his wife Sophie Trudeau's photo with the convicted pro-Khalistani terrorist.

N. Korea denies Syria chemical weapons claim
President Donald Trump that certain conditions were needed but retorted it is Washington that should "create such conditions". North Korea denied supporting the production of chemical weapons in Syria Friday, insisting it is opposed to their use.