Snapchat has changed its name to Snap Inc. The company also announced its first wearable, called "Spectacles." Like the name says, its a pair of glasses that record video. Senior tech correspondent Molly Wood explains why wearable video capture is as obvious as the nose on your face.
The company needs to grow:
"There's only so long that Snapchat alone, the sort of fun messaging company, can sustain you, so they're doing this very interesting and I would argue, related, growth strategy into capture, into cameras."