Economy · World
GoPro Sells Majority Stake to AI Hardware Group Starman
Struggling action camera maker GoPro has agreed to sell a majority stake to AI hardware group Starman in a cash deal valued at $285 million. The announcement led to an 80% jump in GoPro's shares. This sale follows a decade-long decline for the company. Starman is an optical maker.
How outlets across the spectrum covered it
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- Centre (3): CNBC, Financial Times, The Times of India