GoPro shares tank after reporting revenue dives 13%

GoPro stock is currently down 15 percent in after-hours trading and is falling after reporting its third quarter earnings. The company saw revenues dive 13.3 percent while still managing to beat Wall Street revenue expectations.

Overall GoPro reported a net loss of $27.1 million, or 19 cents per share, in the quarter that ended on September 30, compared with a profit of $14.7 million, or 10 cents per share, from the previous year. Likewise, GoPro saw revenue fall to $285.9 million from $329.8 million, down 13 percent year-over-year and up 1 percent sequentially. Cash and investments totaled $148 million at the end of Q3 2018.

Earlier in the day, the company’s stock was up 9.3 percent on the day. It was rebounding nicely after ending last week down, but all the gains could be lost if it opens tomorrow at today’s after-hours level.

The third quarter noted some successes though. The new Hero7 Black saw the company’s best first-month sales of any unit. Likewise, GoPro’s spherical camera, the Fusion, holds 47 percent dollar share of its niche market. The company’s products are gaining popularity in oversea markets, too. In Europe, Japan and Korea, the company increased its unit and dollar market share substantially. In the U.S., GoPro still holds a massive chunk of the dollar and unit share, 96 percent and 87 percent, respectively. And for the 19th straight quarter, GoPro is the No. 1 selling camera by unit volume in North America.

The company is also still growing its social channels, reaching a 21-month high in September.

GoPro recently revamped its camera line up in time for the holiday quarter. Yet GoPro is still struggling, at least seemingly, at convincing owners to buy another unit. While GoPro annually releases the latest and greatest action camera, most owners I’ve talked to are satisfied with the capabilities of the GoPro they purchased previously.

Reef-rejuvenating LarvalBot spreads coral babies by the millions

The continuing die-off of the world’s coral reefs is a depressing reminder of the reality of climate change, but it’s also something we can actively push back on. Conservationists have a new tool to do so with LarvalBot, an underwater robot platform that may greatly accelerate efforts to re-seed old corals with healthy new polyps.

The robot has a history going back to 2015, when a prototype known as COTSbot was introduced, capable of autonomously finding and destroying the destructive crown of thorns starfish (hence the name). It has since been upgraded and revised by the team at the Queensland University of Technology, and in its hunter-killer form is known as the RangerBot.

But the same systems that let it safely navigate and monitor corals for invasive fauna also make it capable of helping these vanishing ecosystems more directly.

Great Barrier Reef coral spawn yearly in a mass event that sees the waters off north Queensland filled with eggs and sperm. Researchers at Southern Cross University have been studying how to reap this harvest and sow a new generation of corals. They collect the eggs and sperm and sequester them in floating enclosures, where they are given a week or so to develop into viable coral babies (not my term, but I like it). These coral babies are then transplanted carefully to endangered reefs.

LarvalBot comes into play in that last step.

“We aim to have two or three robots ready for the November spawn. One will carry about 200,000 larvae and the other about 1.2 million,” explained QUT’s Matthew Dunbabin in a news release. “During operation, the robots will follow preselected paths at constant altitude across the reef and a person monitoring will trigger the release of the larvae to maximise the efficiency of the dispersal.”

It’s something a diver would normally have to do, so the robot acts as a force multiplier — one that doesn’t require food or oxygen, as well. A few of these could do the work of dozens of rangers or volunteers.

“The surviving corals will start to grow and bud and form new colonies which will grow large enough after about three years to become sexually reproductive and complete the life cycle,” said Southern Cross’s Peter Harrison, who has been developing the larval restoration technique.

It’s not a quick fix by any means, but this artificial spreading of corals could vastly improve the chances of a given reef or area surviving the next few years and eventually becoming self-sufficient again.

Samsung Bixby assistant will soon support skills from third-party developers

Samsung’s own Bixby assistant has been around for a few years now, but it still trails far behind Amazon’s Alexa and Google Assistant in usage. This is due to a number of reasons, including poor performance and a lack of features, but also because of Alexa and Assistant’s third-party support, which has resulted in widespread integration with other apps and … Continue reading

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Two Teens Discovered a 6,000-Year-Old Stone Ax at Mount Vernon

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Uber applies for permission to test self-driving cars again

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Mirror is a whole new way to exercise at home

mirrorWe all know that we need to move our bodies in an active manner each day in order to maintain an optimal level of health. That would be the nicer way of putting the idea of exercise forth, but when it comes to getting actual exercise done, many of us do find more excuses than reasons. What if you are a shy person and generally prefer the creature comforts of your own home? Sure, you can get one of those Peloton machines, or if you find freedom in running, then hit the treadmill, but those tend to lack a degree of human touch, if at all. Enter Mirror, an actual mirror for you to preen yourself in the mornings, and yet it comes with high-powered technology within.

The Mirror’s panel is a liquid crystal display (LCD) that comes complete with stereo speakers, a camera, and a piece of custom software, all running off an unidentified quad-core processor underneath the hood. Connectivity options include Bluetooth and Wi-Fi, enabling you to hook it up to different kinds of monitoring devices as well as stream classes from Mirror.

Mirror’s classes are pretty much what you will find in a well equipped fitness studio or gym: they include cardio, yoga, strength, barre, boxing, stretch, and pilates. Depending on your current fitness level and objective, you will be able to check out different levels with each class. The Mirror connected display will cost you $1,495 upfront, certainly making you wish more than seven years of bad luck on someone who breaks it by accident. You’re better off getting a cheap, regular mirror from Ikea if you do not want to add on $39 monthly for the classes.

The Mirror stands at 52-inches in height, and you have the option to mount it to a wall or have it rest on a metal stand. As at press time, it is controlled via an iOS companion app, with no sign of Android support arriving in the future.

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[ Mirror is a whole new way to exercise at home copyright by Coolest Gadgets ]

Warcraft 3: Reforged Brings A Classic Back To Life

Ever since the release of World of Warcraft, Blizzard essentially put its Warcraft RTS franchise on hold. This made sense as we imagine that trying to develop two games side-by-side, especially one that has a dynamic storyline, would be tricky and extremely messy, but the good news is that Blizzard hasn’t forgotten its Warcraft franchise yet.

At BlizzCon 2018, the company has officially announced Warcraft 3: Reforged. This is basically a remaster of the classic designed to be updated for today’s modern PCs. We have heard rumors of a remaster back in 2017, although Blizzard did try to play down expectations by saying that they weren’t quite ready yet.

However earlier this year, the company hosted an offline event where they invited prominent Warcraft 3 players to attend which only served to fuel speculation of a remaster or even possibly Warcraft 4. “Reforged” will be a completely separate launch which will include the original game and the Frozen Throne expansion, and will feature a visual overhaul complete with various social and matchmaking features of Battle.net.

It is expected to see a release in 2019 where it can actually be pre-purchased now for $30. In the meantime you can check out the cinematic trailer above which seems to be a recreation of the original trailer that was released back in 1999 (see below), and also its gameplay trailer (also see below) to get an idea of what the game with its updated visuals could look like (although Blizzard notes that these aren’t necessarily the final effects)..

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