Truth Is GoPro makes cutbacks after drone crashes

GoPro is cutting 200 jobs and shutting down its video licensing service after the recall of its Karma drones. Action camera-maker GoPro is cutting 200 jobs and shutting down some of its services. The announcement follows a series of drone crashes that made the company recall its much anticipated Karma aircraft. In addition, the US company said its president, Anthony Bates, would quit his post at the end of the year after three years in the job. GoPro said that consumer demand for its products remained "solid".