SnapChat officially changed its name to Snap, Inc. as the company restyles itself from a one-hit app company into a digital lifestyle brand. To mark the occasion, Snap, Inc. introduced Spectacles, its first physical product: fashion and tech-forward sunglasses that record 10-second clips, which can then be uploaded to SnapChat Memories via wifi.
«We rebranded our company to Snap Inc. because we are bigger than just one app. Snap Inc. is a camera company—we believe that reinventing the camera represents our greatest opportunity to improve the way people live and communicate», chief strategy officer Imran Khan revealed.