Around the Net
GoPro Dropping Drones
- CNBC, Monday, January 8, 2018 7:35 PM
Citing strict regulations and stiff competition, GoPro has decided to stop making drones. The hardware company is also confirming broad layoffs, lowering its guidance, CNBC reports. Additionally, “Founder and CEO Nick Woodman will reduce his cash compensation to $1 for 2018,” CNBC notes.
