GoPro stock took a 20 percent nosedive after the company badly missed already-low Q3 expectations and gave downbeat guidance for the holiday quarter. CEO Nick Woodman blamed the poor results on production problems with the new Hero5 action camera and Karma drone. — [Selina Wang / Bloomberg]
Recode Daily: GoPro plunges 20 percent after a bad Q3 miss
And the outlook for the holiday quarter isn’t great.
The reviews are in for Google Home, and they’re mixed: The search giant’s intelligent speaker is better than rival Amazon’s Echo at some things, worse at others and definitely needs to get smarter. Here are the verdicts from The Verge, Engadget, Gizmodo, CNET and Wired. — [Walt Mossberg / Recode]
E-commerce startup Wish, maker of the popular bargain shopping app, is raising about $500 million in new financing at a valuation above the $3.5 billion of its last funding but below $5 billion. — [Jason Del Rey / Recode]
The U.S. government is mobilizing defense and intelligence agencies in an unprecedented effort to counter any attempts by hackers to create chaos on Election Day. Concerns range from attacks on the internet or power grid to disinformation campaigns on social media. — [NBC News]
On the latest episode of Too Embarrassed to Ask, Wall Street Journal columnist Joanna Stern joins Recode’s Kara Swisher and Lauren Goode of The Verge to talk about the new MacBook Pros’ Touch Bar (kind of gimmicky) and prices (kind of high). — [Eric Johnson / Recode]
Next Thursday in Silicon Valley: Join Google’s head of VR, Oculus’ head of mobile and other great speakers at An Evening with Code Mobile. Tickets are going fast. Reserve yours now. — [Recode]
Top Stories From Recode
Some preorders won’t ship for another seven to eight weeks.
It’s the latest in a series of moves the chipmaker has made into sports and VR.
It’s a version of the lidar technology used in self-driving cars.
And that, of course, is the problem.
The videos will be available on YouTube and Google’s new VR headset, Daydream.
This Is Cool
“Unsatisfying” from Parallel Studio is a brief, gentle look at some of the tiny heartbreaks and frustrations of everyday life. Got one you’d like to add? Enter the Unsatisfying Challenge.
This article originally appeared on Recode.net.
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