Set as Homepage - Add to Favorites

【My Sisters Friend (2019)】

Source：Exquisite Information Network Editor：Life Time：2025-06-26 05:56:37

GoPro is My Sisters Friend (2019)coming to terms with reality. Despite its best efforts, it's just a camera company.

The above line was written over a year ago by Mashable's Kerry Flynn but the line is just as true now as it was in November 2016.

SEE ALSO: Facebook releases free music and sound effects for video creators

On Monday, GoPro confirmed reports of layoffs, reducing its current workforce to fewer than 1,000 people, and announced it was exiting the drone business. Later, CEO Nick Woodman even hinted he'd be up for selling the company.

The layoff and drone news was buried in a press release from the company exploring fourth quarter 2017 results. But under the heading of "2018 Products and Operating Expenses," the company laid out three big changes: reducing their workforce from 1,254 to under 1,000, slashingfounder and CEO Nicholas Woodman's "cash compensation" to just $1, and their exit of the drone market.

As for the drone decision, the release detailed:

Mashable Light Speed Want more out-of-this world tech, space and science stories? Sign up for Mashable's weekly Light Speed newsletter. By clicking Sign Me Up, you confirm you are 16+ and agree to our Terms of Use and Privacy Policy. Thanks for signing up!

Although Karma reached the #2 market position in its price band in 2017, the product faces margin challenges in an extremely competitive aerial market. Furthermore, a hostile regulatory environment in Europe and the United States will likely reduce the total addressable market in the years ahead. These factors make the aerial market untenable and GoPro will exit the market after selling its remaining Karma inventory.

The company did note they would continue offering support for its Karma drone.

And in non-drone and non-layoff news, the company announced that, as of Sunday, the price on its popular HERO6 Black camera had been cut by $100, from $499 to $399. The company reported good sales on its HERO5 Black camera after it cut that device's price in December 2017 for the holiday shopping season.

Following the announcement, GoPro stock sunk by more than 20%.

It's been a rough trip for GoPro, which saw its fortunes tumble in late 2016 following a big miss in the third quarter of that year. Besides previous layoffs, the company also shuttered its ambitious entertainment division and had to recall hundreds of its Karma drones.

And 2018 is definitely turning out to start on a cold note for the company after a rosy outlook in 2017, after all that tumult.

Featured Video For You

Topics Drones

Previous：Q&A with tendercare founder and CEO Shauna Sweeney

Next：Watch how an old Venus spacecraft tumbled before crashing to Earth

Related Articles
Related Recommendations
Categories
Latest Articles
Popular Articles
Hot Recommendations
Featured Column

Quick Links

People are learning their real bra sizes thanks to a calculator that's gone viral on TikTokHuge 9.8 inch, 1oz Giant Wood Moth found in Australian schoolStephen King is trolling Elon Musk over Twitter's name change'Call of Duty' is adding Nicki Minaj, Snoop Dogg, and 21 Savage as playable charactersSiberian roundworm revived after 46,000 years in permafrostSadie Stein on the Museum of the City of New York’s exhibit “Gilded New York.”Join Sadie Stein and Rebecca Mead for a Discussion About MiddlemarchChoose Your Own Erotic Adventure—If You CanWordle today: Here's the answer and hints for July 28What We’re Loving: Being Stranded, Being Stoned, Krumping by The Paris ReviewOur Candy Print Makes the Perfect Valentine’s Day GiftElon Musk had Tesla overstate its battery range. Tesla then canceled related service appointments.'Quordle' today: See each 'Quordle' answer and hints for July 28The Best Insults from Shakespeare’s King LearThe Morning News Roundup for February 19, 2014Will Trump be allowed back on Facebook and Instagram? We'll know Wednesday.River of Fundament by Andy BattagliaChoose Your Own Erotic Adventure—If You CanPhotos of Disneyland reopening show emotional guests and employeesThe Habits of Highly Erotic People by Susannah Hunnewell For Microsoft, Eric Lundgren prison sentence becomes PR nightmare New iOS 12 feature lets users report unwanted spam texts and calls Nicki Minaj appears as a topless Cleopatra on cover of new album Google publishes AI principles, promises it won't use AI to cause harm Google removes egg from salad emoji to make it inclusive to vegans, the internet reacts 3Doodler Create+ review: A 3D 1,000 people picked up their Boring Company flamethrowers this weekend Notorious 'poo jogger' is the latest in a line of well, you'll see Apple finally allows third Person accidentally dresses as her office carpet, internet says 'same' 'Barry' Review: The best four hours of your weekend 11 horror films to watch if you need a chaser for 'Hereditary' E3 preview: What we expect to see this year Crayola has a makeup line and our childhood dreams are coming true 'Vampyr' video game review Facebook gave companies special access to data on users' friends It's time for Facebook to admit that it's a media company Congrats to Disney's Cinderella on finally getting ears 'Star Wars Jedi: Fallen Order' video game is coming in 2019 8 things about iOS 12 that Apple left out of the WWDC 2018 keynote

2.2996s , 10107.4453125 kb

Copyright © 2025 Powered by 【My Sisters Friend (2019)】,Exquisite Information Network  

Sitemap

Top

Quick Links