Money
Snapchat to acquire AR company in $500 million deal
Social media platform, Snapchat is set to expand its business – gearing up to ‘snap’ up a new tech company
Snapchat will acquire Wave-Optics, a British augmented reality technology company in a $500 million deal.
The deal will help Snapchat push its way into a future where AR eyewear could be the new trend of the future.
Snapchat, along with other tech giants like Facebook and Apple are racing to build AR devices as the next technological frontier after the smartphone.
-
News3 days agoJPMorgan disables comments after return-to-office criticism
-
News5 days ago
Fires inflict $50 billion losses, strain California insurance
-
News4 days ago
Businesses retreating from diversity amid Trump’s return
-
News5 days ago
Trump’s hush money sentencing upheld; Supreme Court next step
-
News4 days ago
Supreme Court allows Trump’s criminal sentencing to proceed
-
News5 days ago
Los Angeles wildfires displace thousands, cause extensive destruction
-
News2 days ago
Apple’s secret plan to revolutionise the iPhone 17
-
News2 days ago
Microsoft and Amazon under scrutiny for AI investments
