Snapchat new  name and new product: glasses called "Spectacles"

Snapchat, today unveiled a new name for itself, snap.inc. It also unveiled a second product: glasses called Spectacles that feature a camera that captures video you can immediately share through a connected mobile device. (Only through the Snapchat app, of course.

“When you slip Spectacles on and tap a button near the hinge, it records up to 10 seconds of video from your first-person vantage. Each new tap records another clip,” the Journal reported, noting that the glasses will cost $130 and see a limited distribution beginning this fall. Videos can be as long as 30 seconds total if you attach multiple segments.

Spectacles charge while inside their special case, just like Apple’s recently unveiled AirPods. The charging cable can charge both the glasses and the case. One charge of the glasses, which will be available in three colors, will give you one day’s worth of video recordings, and the case will deliver an additional four charges.

Videos will be recorded in a new circular format that friends will be able to play back on any device. On phones and tablets, they’ll keep playing smoothly without changing orientation as you rotate the devices. On iOS, the glasses will transfer videos over Bluetooth by default, and high-resolution recordings will go over Wi-Fi. On Android only, a Wi-Fi option will be available.