GoPro Drone Business Folding Up Following Dismal Sales

GoPro is finally giving up on the drone market after a steady downward slope in the past few years. The company is also cutting more jobs following the successive layoffs it announced starting in early 2016. According to Android Police, GoPro has decided to fold its drone business since it can no longer keep up with the "extremely competitive" market. The company announced that its Karma drone would be the last of its drone offerings. However, it will still come up with new products that are aimed at new and existing customers this year.