Jan 09 2018
In addition to its earning news, GoPro CEO Nick Woodman told CNBC the company would consider a sale or partnership with another company.
"Although Karma reached the No. 2 market positions in its price band in 2017, the product faces margin challenges in an extremely competitive aerial market", GoPro said a statement published by the website PetaPixel.
"If there are opportunities for us to unite with a bigger parent company to scale GoPro even bigger, that is something that we would look at", Woodman said.
KMart closing in Rutland in early April
As the rise of e-commerce spearheaded by Amazon and Walmart continues, businesses like Sears Holdings aren't keeping up. Sears Canada filed for bankruptcy previous year , and is in the process of shuttering its business entirely.
County Unemployment Rates Remain Low Across Tennessee
In November there were 18,945 online job openings in Idaho compared with 22,215 in November 2016. The states labor force increased by 7,227 (just under 1 percent) from October to 835,890.
More Snow for Christmas Eve!
Temperatures in the upper 30s to low 40s will feel more like the upper 20s to lower 30s during the day. Measurable snow on Christmas Eve in Seattle is a rare event, according to NWS Seattle officials.
"Of course we need to run the business as though we're going to be independent, and we're planning accordingly". In the months that GoPro was dealing with the, uh, fallout from the Karma's problems, DJI released two new smaller and cheaper drones that essentially made the Karma obsolete.
GoPro's stock saw a spike in downside bets amid the negative news, with traders initiating almost 1.5 million of new short sales.
They raked in roughly $45 million in mark-to-market profit as the company's stock plunged as much as 33%, according to data compiled by financial analytics firm S3 Partners. Fourth quarter revenue includes a negative impact of approximately United States dollars 80 million for price protection on HERO6 Black, HERO5 Black and HERO5 Session cameras, as well as the Karma drone. It also doesn't have the cash to make an acquisition and probably won't anytime soon. It's still early, but you can bet we'll start seeing analysts weigh in on companies that might buy GoPro by issuing their own lists of suggestions. Dusaniwsky said that since then, short interest in GoPro is down by more than one-third at $234 million. The selling did subside somewhat later in the session, however, on a CNBC report that the company had hired JPMorgan to oversee a potential sale.
Jan 09 2018
Ally Sheedy calls out Golden Globes for James Franco win
This was in reference to an incident when James Franco tried to pick up a 17-year-old girl on Instagram in 2014. At one point during the news cycle, he tweeted, "I HOPE PARENTS KEEP THEIR TEENS AWAY FROM ME".
Jan 08 2018
Unhappy Farmers Dump Potatoes Outside CM Adityanath's Residence, Police To Take Action
Keeping the tirade going against the Congress government, Yogi said law and order had completely collapsed here. He accused the state government of stalling development projects to divert the funds to the Congress's coffers.
Jan 08 2018
Transport workers in TN reject Madras HC direction to call off strike
Officials said buses were being run by utilising services of workers affiliated to ruling AIADMK-backed union ATP. A large number of people were seen queued up waiting for the private buses at the different bus stops.
Jan 08 2018
Trump postpones his 'fake news' awards
On January 2, the United States president tweeted to say he would be announcing "the most dishonest and corrupt media awards of the year".
Jan 06 2018
My Next Guest Needs No Introduction With David Letterman | Trailer [HD] | Netflix
Episodes will each feature one person who Letterman finds fascinating, with interviews both inside and outside a studio setting. Subsequent episodes will be released once a month from February through June, adding up to a total of six 60-minute episodes.
Jan 02 2018
Assam's first draft of NRC identifies 1.9 crore as Indian citizens
Not only should the remaining part of the exercise be fast-tracked but they (officials) also need to be extra vigilant, he said. So there is a possibility that some names within a single family may not be there in the first draft", said Hajela.
Jan 02 2018
Teenager murders family members on New Year's Eve
The prosecutor said the teenager's grandfather and brother were not targeted and left the home unharmed, according to The A.P. He's expected to make a court appearance on January 2.
Dec 31 2017
Arrest after police shoot man dead responding to hoax 'swatting' call
Swatting dates back to at least the early 2000s, and the Federal Bureau of Investigation first warned the public about it in 2008. Some swatters use a teletypewriter (TTY) relay - a phone system created for people who are deaf - to place 911 calls.
Dec 30 2017
January starts with wolf supermoon, ends with supermoon lunar eclipse
In 2018 there will be two Blue Moons - one in January and one in March, February being left out without a full moon. January's first full moon, nicknamed a wolf moon, will take place on January 1 and it will be a supermoon .
Dec 29 2017
U.S. to resume full visa services in Turkey
The employee of U.S. consulate was arrested over suspected links to a cleric blamed for last year's failed coup in Ankara. The embassy began processing visas on a "limited" basis in November following reassurances from Turkey.
Jan 09 2018Firefighters respond to blaze at Trump Tower
Jan 07 2018Injured Dale Steyn may miss rest of Test series
Jan 06 2018LG Introduces Compact 4K Projector That Can Create 150-inch Screen
Jan 05 2018Apple: Mac And iOS Vulnerable To Meltdown And Spectre Flaws
Jan 02 2018Six days of Iran protests: 20 dead, 450 arrested
Jan 01 2018Man Arrested With Guns, Ammo in Houston Hotel Room
Jan 01 2018Final observations: Cowboys 6, Eagles 0
Dec 31 2017Liverpool Prospect Reveals The Disgusting Racist Abuse He Suffered This Year
Dec 30 2017'Tiger Zinda Hai' gives tough competition to 'Baahubali 2' on Box Office
Dec 28 2017Obama beats Trump in America's Most Admired Man poll
Jan 07 2018John Young, US astronaut and pioneer, dies aged 87
Jan 07 2018President Trump Signs Order Disbanding Voter Fraud Commission
Jan 07 2018Coutinho to join Barcelona from Liverpool in deal worth $192 million
Jan 06 2018'Jeopardy!' On Hiatus As Alex Trebek Recovers From Brain Surgery
Jan 05 2018Chelsea 'on brink of signing Ross Barkley from Everton'
Jan 05 2018Justin Timberlake Drops "Filthy" Video, Channels Steve Jobs
Jan 01 2018Terrorists storm CRPF camp in J&K's Pulwama, jawan killed
Dec 31 2017Snow Showers Falling, Will Spread Eastward as Afternoon Goes on
Dec 29 2017Veteran news anchor Amanda Davis dies
Dec 28 2017'Dangerous wind chills' forecast for Wednesday; wintry mix possible during weekend
Dec 28 2017Josh Rosen keeps making headlines for acknowledging the obvious
Dec 27 2017Kabul Bombing Kills At Least 6; ISIS Claims Responsibility