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GoPro cuts jobs and closes its entertainment division

GoPro cuts jobs and closes its entertainment division

GoPro has been facing tough times lately, and that’s unfortunately translating to layoffs. The action camera maker is cutting 15 percent of its workforce as part of a restructuring move, including both 200 existing positions and the cancellation of yet-to-be-filled job openings. The reorganization will also lead to the closure of GoPro’s entertainment division —…

Fitbit is reportedly buying Pebble

Fitbit is reportedly buying Pebble

Pebble might only live on in our memories and Fitbit’s devices in the future. According to The Information, Fitbit is buying smartwatch maker Pebble for an undisclosed amount. An anonymous source indicates to Engadget that Fitbit is buying the indie smartwatch maker for only $34 to $40 million — barely enough to cover its debts…