GoPro slides as Google announces its tiny Clips camera
Oct 4, 2017, 23:28 IST
GoPro shares fell by as much as 5% in trading on Wednesday as Google unveiled a tiny camera that could rival its lineup.
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The Google Clips camera uses artificial intelligence to take pictures on its own of moments that its owners miss. It was announced along with a slate of other new products including a high-end laptop called Pixelbook and the Pixel 2.
Google's camera will retail for $249.
GoPro's stock is down about 38% this year.
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