While consumer drone leader DJI makes headlines at this week's CES with new products, GoProannounced Monday it would pull out of the drone business after it sells its remaining stock of Karma drones. The camera maker also confirmed the report of job cuts we heard about last week, but there could be even bigger changes in store for GoPro than just another round of restructuring. Woodman toldCNBC that he would consider a sale or partnership with another company, though no names were mentioned.
GoPro is exploring a sale after a tumultuous couple of years that included multiple rounds of layoffs, shrinking sales, and a plummeting stock price. The company's share price plummeted amid the disappointing reports. Some analysts have said that the Hero cameras have become a commodity, and that GoPro's main selling point now is its brand. "These factors make the aerial market untenable", GoPro said. Many of those let go were attached to the company's barely-functioning aerial division, which GoPro announced it was shuttering earlier today. Given the concerns about less expensive alternatives eating away at GoPro's action-camera market share, this price cut is not a good development. "We entered the new year with strong sell-through and are excited with our hardware and software roadmap". A bill making it mandatory for drone owners to register for a national database is expected to be published within months. "We expect that going forward, our roadmap coupled with a lower operating expense model will enable GoPro to return to profitability and growth in the second half of 2018".
It's unclear if there is an interested buyer for the company.
Chief executive officer Nicholas Woodman will reduce his 2018 cash compensation to $1. Its holiday results were downright bad, and its disastrous attempt to enter the drone market is the kind of mistake that well-run companies seldom make.
Share with Us - We'd love to hear eyewitness accounts, the history behind an article, and smart, constructive criticism. In a spectacular show of poor judgment, Erofeeff sped right off the end of the pier and into the frigid Columbia River.
Jacksonville Jaguars running back Leonard Fournette rushed 21 times for 57 yards in a victory over the Bills on Sunday. But receiver Kelvin Benjamin was called for offensive pass interference in the end zone.
In the case of Meltdown, Apple says it released mitigations for the exploit in the iOS 11.2, macOS 10.13.2 and tvOS 11.2 updates . Spectre and Meltdown are serious vulnerabilities that take advantage of the speculative execution mechanism of a CPU.
Also, SoftBank holds investments in multiple Uber competitors, so it will be interesting to see how this all shakes out. Dragoneer Investment Group and China's Tencent Holdings are also reportedly part of the consortium.
The Valley of the Kings, which has dozens of ancient tombs, including that of King Tutankhamun, is located just outside the city. The balloon, which was carrying 21 foreign tourists, was crashed due to bad weather and strong winds , officials said.
While regretting Ali's presence at the Saeed event, Alhaijaa said the envoy had gone for an Al Quds (Jerusalem) conference. He was recently placed under house arrest for 11 months but was released after a court ruled in his favor.
According to the report , the USA has given Pakistan approximately $33 billion United States in aid since 2002. The United States, has provided Pakistan with more than $33 billion Dollars in aid since 2002.
The election is set to occur on Apple's next shareholders meeting February 13 at the Steve Jobs Theater in Apple Park. Cook, the Board also requires that he use private aircraft for all business and personal travel.
TMZ: 'Coach' Star Jerry Van Dyke Dead at 86
It's said that the actor's health has been on the decline since being involved in a serious auto accident about two-years ago. Jerry Van Dyke made his mark as both a stand-up comedian and as an actor in a fascinating career spanning decades of work.
Winter Weather Advisory for Saturday
The weather impact will be for the northern and southern Clearwater mountains, and the Bitteroot/Sapphire mountains. However, heavier bands of snowfall may set up over the area as the system travels over Greater Lafayette.
Freezing weather to hit East Texas
Temperatures by midnight on Monday will likely be below freezing, so make sure to bundle up Sunday night. Overnight lows will dip into the mid 20s across the Big Country and 30s in the Concho Valley.
George Weah elected Liberian president
He entered politics after his retirement from the game in 2002 and is now a senator in Liberia's parliament. As news of Mr Weah's victory emerged on Thursday, his supporters began celebrating in the capital Monrovia.