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Snapchat to offer camera-equipped sunglasses in first hardware push

Reuters
A man walks past Snapchat's headquarters in Venice, Los Angeles California October 13, 2014. REUTERS/Lucy Nicholson/Files (Reuters)

NEW YORK (Reuters) - Snap Inc, the newly renamed parent company of messaging app Snapchat, plans to start selling camera-equipped sunglasses starting this fall, Chief Executive Evan Spiegel told the Wall Street Journal in an interview. The sunglasses, dubbed Spectacles, will be sold via limited distribution for about $130, said Spiegel, who described the device as a toy. The first hardware to be sold by Snap, the sunglasses will record video from the user's perspective in 10-second increments that can be synched with his or her smart-phone. (Reporting By Christian Plumb, Editing by Franklin Paul)