News tagged: CEO

GoPro Working On New Entry-Level Action Camera

After 2 years of struggling, GoPro posted its first quarterly profit during the third quarter of the year, with $15 million in net income. The biggest contributors to those numbers were the HERO 6 camera and Karma drone, but GoPro also believes there is more room on the market

Xiaomi Ships 10 Million Phones Last Month

Xiaomi is really on a roll lately and their latest achievement is all about shipments. After shipping over 10 million smartphones in September, it appears that the company beat its recording the very next month, confirming its remarkable growth this year.

Samsung's CEO Steps Down

Samsung may be enjoying great success of premium Galaxy smartphones, but they are having some other problems. After Lee Jae-Yong was sentenced to five years in jail after corruption conviction, another important member of the company has announced that he will step down

Google Maps Might Get Ads In Near Future

We are living in a time where every single company is trying to find new ways on how to earn money. If you thought that Google is not interested in earning even more money, then you would be wrong. The search giant will reportedly monetize its navigation app in near future.

Mad Catz Files For Bankruptcy

After enduring serious financial troubles, the popular gaming hardware company Mad Catz has now announced that the company has ceased all operations and filed for bankruptcy. This was the only left move since its make-or-break plan with Harmonix didn't succeed.

GoPro Releases More Details About The HERO6 Camera

2016 was definitely a challenging year for GoPro. Only in the last quarter, the company lost $116 million, or 82 cents per share, and one of the reasons is the recall of its first Karma drone and early HERO5 Black production problems. GoPro's founding CEO Nick Woodman said that

Microsoft Preparing To Cut 700 Jobs Next Week

Several months ago, Microsoft confirmed to cut 2,850 jobs globally by June 2017 as a part of latest restructure and failed business with Lumia smartphones. Most of the layoffs will affect the mobile division and the first wave of the layoffs will happen next week.

 Fitbit Working On Its Own App Store

After dominating wearable market in 2016 and acquiring Pebble, Fitbit is already working on a new big plan that would further stabilize its position on the market. The wearable market is steadily gaining momentum and the company hopes to capitalize that by launching its own

BlackBerry To Release Two New Phones In 2016

BlackBerry is still struggling in mobile business, despite having successful release of the first Android smartphone. To stabilize its business, the company needs new, innovative products, and according to latest rumours, BlackBerry will release two new smartphones in 2016.