CES 2018: GoPro exits the drone business lays off hundreds of employees
GoPro is ceasing production of its drone line while laying off hundreds of its employees. Drones are extremely competitive and fall within a wide range of prices and GoPro can't compete in the current climate. GoPro's Karma Drone will be the last product to come from GoPro, although there's little confidence to buy the device now that there will be no continuity and questionable support and service.
Source: The Verge
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