Snap to close AR division for enterprises months after launch

Go back to Snap to close AR division for enterprises months after launch

Snap (SNAP) to shut down recently launched business-focused AR unit

September 27, 2023 10:20 AM EDT

Snap (NYSE: SNAP) is said to be shutting down its unit focused on creating augmented reality services for businesses, according to a Bloomberg report on Wednesday.

The company is reportedly pulling the plug on its attempt to diversify the company, with the ARES (short for augmented... More