The Year In Strange Tech Stories
Snap is ready to release its latest Spectacles after watching its inventory price plummet 50 p.c this 12 months, and in the wake of a harmful report about how CEO Evan Speigel was “dismissive” to board members and spends much of his time during board meetings using Snapchat on his phone. The most recent report signifies that Snap is prepared to lose money on the Spectacles side of the business for now, with the hope of breaking even in 2020. Snap, in the meantime, is dealing with an investigation over allegations it misled investors over consumer metrics.
As you may need observed, Nokia’s experiments outside its core networking business have not gone so effectively – its VR digicam efforts floundered , and it sold its digital health unit after failing to capitalize on Withings’ early successes. And now, the company is shaking things … Read More