GoPro CEO explains shutdown of company’s Karma drone unit

 Yesterday, GoPro confirmed TechCrunch’s reporting that the company was shuddering its Karma drone division and laying off hundreds of employees. Today, CEO Nick Woodman is at CES on damage control. In an interview with TechCrunch, Woodman said that the company is shifting focus entirely back to action cams, a market he insists is “absolutely” robust enough to sustain the company. Read More