ADG 6/16: Never Ending Story (opens in new tab)

Dual Class Struggle From the Financial Times: Snap chief Evan Spiegel is defying investor pressure to abandon its multibillion-dollar hardware efforts by launching the company’s first augmented-reality glasses for consumers, a product he described as his “life’s work.” Spiegel, who co-founded Snapchat 15 years ago, is betting that the new $2,195 eyewear, dubbed Specs, will succeed where Apple’s Vision Pro headset has struggled and allow Snap to leapfrog its old rival Meta to define a “new era...