Snap stops development of Pixy flying camera drone in latest blow to hardware efforts

Snap is pausing development of Pixy, its $230 flying camera drone that was first announced in April, according to a person familiar with the matter who was not authorized to speak on the record.

The news was first reported by the

, which said the decision was relayed to the company’s staff by CEO Evan Spiegel.

The Pixy was introduced as a new way for Snapchat users to capture photos from unique angles. It’s capable of…