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    SNAPCHAT SPECTACLES

    Snap acquires Th3rd that creates digital 3D counterparts of people, products

    Snap, the parent company of Snapchat, has quietly acquired 3D-scanning studio called Th3rd for an undisclosed sum.

    Snap top ad executives exit amid report on staff cut plans

    Snap shares fell 4% in extended trading as Wall Street turns wary of the future of its advertising business, which brings in a large chunk of its revenue.

    Snap plans to cut staff by 20%: report

    Snap's hardware division, responsible for Spectacles and the Pixy camera drone, its team working to help developers build mini apps and games inside Snapchat and Zenly, the social mapping app it bought and runs separately, will be hit by the layoffs

    Digital divide: Are we already in the early stages of metaverse?

    Some tech enthusiasts argue that a more modest version of the metaverse is already here.

    Apart from Facebook, who else is building the metaverse?

    The metaverse broadly refers to the idea of a shared virtual platform that people can access through different devices.

    Who's building the metaverse?

    Well before Facebook CEO Mark Zuckerberg's splashy demos featuring giant robots and digital time travels to ancient Rome, dozens of companies were crafting the software and hardware that could be used for this "Ready Player One" future.

    The Economic Times
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