Submitted 18 hours ago by BrikoX@lemmy.zip to technology@lemmy.zip
The company says its also planning a push into defense, robotics and aerospace.
They had a huge first mover advantage, brand recognition, a cornered market and they leveraged none of that to make better products. Instead they squeezed every bit of value from the company, cashed out as profits, and with out any evolution in their products, competition moved in. Now they are selling what’s left to move out west to pan for that AI tech gold.
I mean, are they VC or PE owned, primarily? Because that really does smack of VC or PE idiocy.
GoProGoBro
WTF is this!? An action camera brand pivots to Data Centers? I hope they fail.
They’ve been failing for years. Turns out the average person doesn’t need a new action camera all that often.
This is nothing, there was shoe making company recently who also pivoted towards AI.
Their products have sucked for years now, no one will miss them.
RIP
The company says its also planning a push into defense, robotics and aerospace.
Can’t make this shit up 😂
Godnroc@lemmy.world 17 hours ago
Well, there goes that brand.
cyberpunk007@lemmy.ca 16 hours ago
Tbh never great anyways. I’ve owned 3 and all of them were glitchy messes.