GoPro cuts jobs and closes its entertainment division
Sales were stronger on Black Friday, but not enough to offset financial trouble.
Intel is reportedly backing away from wearables (update: it says no)
Recalls, unreleased products and reported layoffs could spell the end of Intel's wearable group.
Bloomberg: Twitter plans to lay off several hundred employees
Similar to a move last year, 300 or so job cuts could happen before the company reports earnings
HP will cut up to 4,000 jobs over the next 3 years
Lowered profit expectations might have prompted the cost-cutting.
BitTorrent reportedly fires its CEOs, gets out of the media game
BitTorrent Now appears to have been shut down just a few months after launching.
Microsoft is laying off 2,850 more workers
The cuts are mostly related to its disastrous Nokia acquisition.
Cyanogen reportedly cuts jobs as it changes course
There haven't been many takers for its custom spin on Android.
Microsoft kills what's left of the old Nokia
The company will take a $950 million hit to its finances and fire 1,850 people, including 1,350 former Nokia employees in Finland.
It's no surprise that Disney shut down its gaming division
But it is a bummer.