Social media company Snap officially unveiled its new AR glasses priced at $2,195, the company’s latest push into the segment.

A decade in the making, Snap stated the AR glasses developed by its dedicated Specs subsidiary would bring AI assistance, work tools, entertainment and shared experiences “into the world around us”.

The device is scheduled to ship later this year, initially in the US, UK and France.

Specs are priced at more than 15-times the price of Snap’s original $130 camera-only Spectacles, which debuted in 2016 and struggled to gain traction.

Snap emphasised main selling points of Specs as being fully standalone, made from Swiss TR90 polymer and available in two sizes.

A 47mm model weighs 132 grams and a 52mm version 136 grams.

Snap argued current smart glasses are lightweight but limited in what they can do, while headsets “are powerful but can feel isolating and cumbersome”.

Specs are designed to address those drawbacks. The display system is powered by Snap’s proprietary liquid crystal on silicon technology, delivering a 51-degree field of view and 16 million colours. It claimed the display “feels like a 24-inch monitor” while working, or a 115-inch home cinema screen placed 10 feet away when watching a movie.

Other highlights include up to four hours of mixed battery life spanning audio and video playback, AI assistance for services including maps and general queries, and the ability to cast a screen and stream content wherever the user is.

Specs run two Qualcomm Snapdragon processors, with one dedicated to computer vision and the other running developer tool Lenses.

Lenses enables the glasses to access interactive features including academic and music educational tools.

Qualcomm struck a multi-year platform deal with the Specs subsidiary in April.

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AT&T named former McAfee executive Jennifer Biry as its next CFO, replacing Pascal Desroches who is set to retire at the end of the year.

In a regulatory filing, AT&T explained Biry will first take the position of deputy CFO, effective 6 July 2026, before assuming the role as senior EVP and CFO from 1 January 2027.

Biry has served as CFO and COO of security company McAfee since October 2023. Before that, she had a long career at AT&T spanning 22 years in numerous positions across sales, finance and strategy.

As part of this tenure, Biry had an 18-month stint as CFO of WarnerMedia when it was owned by AT&T.

Desroches has been CFO of the US operator for five years, taking on the position in 2021. Before this, he held positions across the WarnerMedia group.

During his time as AT&T’s finance chief Desroches has led a cost cutting drive and moved to simplify the operator’s balance sheet, while taking on major investment in 5G and fibre.

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