Snapchat

Snapchat isn't giving up on wearable hardware launching its next-generation Spectacles on Thursday. The company's first foray into the hardware business didn't go well as demand for the original Spectacles waned, leaving the company stuck with hundreds of thousands of unsold units, according to reports. Snapchat blames "fragmented sales channels" as the reason for the failure, and has ditched the Snapbot distribution model. Originally consumers had to purchase Spectacles from vending machines randomly placed around the US. The limited distribution and high price of Spectacles resulted in overall lackluster sales of the first-generation glasses even though there was a high initial demand.

In it's latest update, Snapchat added a major new feature called Snap Map that basically gives you a whole new interface with which you engage your friends by allowing you to share your locations and see what’s going on around each other. Plus you’ll be able to "view Snaps of sporting events, celebrations, breaking news, and more from all across the world." Here's how to get started with Snap Map:

Facebook has unsuccessfully tried to copy Snapchat several times by launching a few failed apps, such as Poke and Slingshot, and today Mark Zuckerberg and team are at it again. This time instead of launching a separate app to copy Snapchat, the social media giant has just added a Snapchat-like feature to its Messenger app.