Snapchat, the company best known to us for creating a horrible Android app, has just announced two big pieces of news; not only is Snapchat renaming itself Snap Inc., but it's also releasing 'Spectacles', a pair of sunglasses built just for Snapchat that is equipped with a wide-angle camera.

Let's start with Snapchat's new name - Snap Inc. According to CEO Evan Spiegel, the California-based company is taking on this new identity because it's beginning to offer products other than Snapchat. This is understandable; lots of companies, including Google and Facebook, have undergone name changes to redefine themselves.

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