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Snap CEO Sees Wearable Glasses as Major Opportunity

Snap's Futile Pursuit of Wearable Supremacy Evan Spiegel, CEO of Snap, touted his company's latest wearable glasses, SPECS, as the "largest long term opportunity," sending shares up 12 percent after hours.

However, beneath this financial boost lies a complex narrative of innovation, risk, and regulatory scrutiny.

Snap has had mixed success with wearables in the past, particularly with its Spectacles line struggling to gain traction.

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