It’s been less than four months since Snap was unveiled, but it seems the company is already abandoning the device. CEO Evan Spiegel informed employees that further work on Pixy will be halted due to a reprioritization of resources .
The $250 drone can take off and land from your hand. It has four preset flight paths and can take photos and videos that you can transfer and share on Snapchat. For now, at least, Pixy is still available on Snap’s website. That diary suggests Snap will continue to sell Pixy for now. Engadget has reached out to Snap for comment.
Like many other companies, Snap has felt the brunt of a broader economic slowdown. In July, it posted its weakest quarterly revenue growth on record, sending its share price down about 40 percent. Snap’s stock has fallen about 80 percent over the past year. The company also said last month that it would significantly slow hiring.
Several big tech companies have been there over the past few months. Meta, rumored to be for a dual-camera smartwatch and rumored to be an enterprise product. Others have and .
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https://www.engadget.com/snap-pixy-selfie-drone-development-end-172809304.html?src=rss Snap reportedly gives up on its selfie drone just four months after its debut