The San Mateo action-based camera maker GoPro will let nearly a quarter of its workforce around the world go by the second quarter of 2026, according to a filing with the Securities and Exchange commission.

The company, which first launched its camera line in the early 2000s, plans to cut some 145 jobs globally, representing 23% of the company’s ending first quarter head count of 631 employees, per the filing.

The San Mateo-based action camera company GoPro is slashing jobs. Getty Images

The cuts are expected to be completed by the end of the year, the filing read.

The move comes after GoPro’s Board of Directors approved a restructuring plan on April 7 to “reduce operating costs and drive stronger operating leverage.”

“Restructuring Plan is expected to cost the tech company between $11.5 million and $15 million. The costs include one time benefits payouts to those “affected employees, including but not limited to severance payments and healthcare benefits,” the filing noted.

The cuts are expected to effect some 145 jobs globally. Bloomberg via Getty Images

An article in November 2025, noted that GoPro sales had declined by nearly 37% year over year.

Despite the drop, CEO Nicolas Woodman put a positive spin on the way things stood at the time.

“Q3 marked a meaningful step forward in our strategy to diversify, grow, and restore profitability to GoPro’s business,” Woodman said. “We successfully launched three new TAM-expanding hardware products — our MAX2 360 camera, LIT HERO camera and Fluid Pro AI gimbal — alongside several new software offerings. We expect to return to revenue growth and profitability beginning Q4 2025 and in 2026.”

The cuts are expected to slash nearly a quarter of the company’s workforce. Getty Images/iStockphoto

Several people commented on a Reddit Post about the job cuts.

“Another round of layoffs (not to be confused with the previous layoffs, this is new). This is a brutal time to be laid off, I hope they land on their feet,” one person wrote. “This is 100% on Nick Woodman. He should have been laid off years ago.”

Another added, “Might be a good move for them, everyone laying off, thousands of employees, they just following the trend. For investors it sounds appealing.”

“Salaries cut off, new cameras + new processor at NBA Show -> Their stock will probably jump a lot on the next few weeks. So with this changes + new revenue if the launch is a success, might  actually save them as a company.”

A November 2025 report said sales were down year over year. Vladimir Razgulyaev – stock.adobe.com

On Tuesday, it was announced that some 700 workers at another Bay Area tech company, Oracle, would be out of work by June statewide. 

The statewide tally along with another nearly 500 firings in Seattle, is part of the software maker’s recently announced bloodbath that is reportedly in the thousands of jobs.

Last month, a 6 a.m. email message was sent out to workers notifying fired employees that they were out. 

The message from one of the world’s largest software companies, chaired by billionaire Larry Ellison, informed “thousands” of workers across the globe that March 31 would be their last day.

Two people familiar with the matter confirmed to CNBC that the layoffs involved thousands of jobs.

It’s the latest Bay Area tech company to gut its workforce globally. Getty Images

Oracle told The California Post that it would decline comment when asked about how many jobs were being cut.

As of May 2025, the software company employed around 162,0000 full-time employees, according to its annual filing with the Securities and Exchange Commission.

The California Post reached out to GoPro for further comment.

The post Bay Area-based tech company announces shocking layoff of nearly a quarter of its workforce appeared first on Our Story Insight.

The Dow Jones Industrial Average had soared 1,389 points, or 3%, as of 9:38 a.m. ET, while the S&P 500 and Nasdaq futures jumped 2.5% and 3.2%, respectively. 

Brent crude oil prices dropped 16.6% to $91.09 a barrel – its lowest price in nearly a month after news that Iran would allow the temporary safe passage of ships through the strait, a vital maritime route for 20% of the world’s oil supply. 

US stock futures surged Wednesday morning as oil plunged near $90 a barrel. AFP via Getty Images

West Texas Intermediate crude also fell 5.6% to $70.94 a barrel.

In a Truth Social post Tuesday evening, less than two hours before Trump’s deadline for Iran to reopen the strait or face a bombardment of its power plants and bridges, the president announced a “double sided” two-week ceasefire.

“I agree to suspend the bombing and attack of Iran for a period of two weeks,” Trump wrote, adding that the ceasefire was subject to the “COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz.”

“We received a 10 point proposal from Iran, and believe it is a workable basis on which to negotiate,” he added.

Iran’s Supreme National Security Council said in a statement that it has agreed to reopen the strait for two weeks, though it emphasized it was not a full-fledged peace agreement. Israel also reportedly agreed to the ceasefire.

“Wall Street is exhaling as President Trump pressed pause on the destruction button, as there are enough signs that there’s a will to negotiate a deal, and that optimism is helping to end this stock market correction,” Robert Edwards, chief investment officer at Edwards Asset Management, said in a note Wednesday. 

“Even with this optimism, oil prices and stocks are still inversely correlated for the time being,” Edwards added. “It’s unclear how long these declines in oil will last, but it’s looking more likely that the spike in oil prices in recent weeks was indeed temporary.”

Trump wrote in a Wednesday morning Truth Social post that as part of the ceasefire, the US will work with Iran to “dig up and remove all of the deeply buried (B-2 Bombers) Nuclear ‘Dust’” – adding to market optimism. 

Traders are eager for the free flow of crude through the Persian Gulf to resume – but analysts have warned that oil prices could remain elevated, since it will take time and money to repair damages at Middle East energy facilities hit in air strikes.

Energy supply shocks tend to ripple through consumer prices, so there are concerns that stubbornly high oil costs could reheat inflation and keep interest rates high. 

Fed Chair Jerome Powell has said there is no need for an interest rate hike, and odds for an interest-rate cut jumped Wednesday morning following news of the ceasefire.

The post Dow soars 1,400 points, oil plunges near $90 as Trump announces two-week ceasefire with Iran appeared first on Our Story Insight.

This content contains affiliate links. When you buy through these links, we may earn an affiliate commission.

After pausing its annual Comic-Con event for book lovers following COVID, ReedPop is bringing back its BookCon event next month. BookCon combines pop culture and books under one roof. This year’s event, being held at the Javitz Center in New York City on April 18 and 19, promises two days of exciting author panels, an exhibit halls with an array of bookish vendors, workshops, book signings, and more. The organizers are billing it as an event for readers, by readers.

Curious what’s on the schedule? The event organizers have shared the plans to get attendees excited for what’s to come.

• Game Changing TV: Celebrating Heated Rivalry (Saturday, 4/18 at 11 AM, Main Stage): This panel discussion about book adaptations will highlight the success of Heated Rivalry with author Rachel Reid and showrunner Jacob Tierney.
• Spotlight on Tomi Adeyemi and Her Brand New Blockbuster Novel: The Siren (Saturday, April 18 at 11 AM, Room 408-410): Learn all about the bestselling YA author’s forthcoming novel, The Siren.
• The Power of Storytelling: The Joy of Queer Escapism and a Celebration of Trans and NB Voices (Saturday, April 18 at 11 AM, Room 1A23-24): Authors Aiden Thomas, Casey McQuiston, and Kate Bornstein will talk about the power and meaning of representation in literature.
• Spotlight on R.F. Kuang (Saturday, April 18 at 12:30 PM, Main Stage): Bestselling author of Katabasis, Yellow Face, The Poppy War, and other novels will talk about her career, her wide range of books, and what’s next for readers.
• We Tell Our Own Stories: Indigenous Authors Claiming Space and Reimagining the Future (Sunday, April 19 at 2 PM, Room 408-410): Hear from authors Rebecca Roanhorse, Darcie Little Badger, and Moniquill Blackgoose about writing the past, present, and future of Indigenous stories.
• Narrating Blockbuster Audiobooks (Sunday, April 19 at 2 PM, Room 1A01-02): If you’re an audiobook fan, you won’t want to miss this panel with the voices behind some of your favorite listens. Hear from Julia Whelan (Great Big Beautiful Life), Helen Laser (The Wedding People), Joniece Abbott-Pratt (The Marvellers) and Rebecca Soler (Fourth Wing) about the fun, the secrets, and the challenges of audiobook performance.

In addition to a slate of panels, attendees will have the chance to take part in interactive sessions, including things like book trivia and puzzles. There will be how-to classes to enjoy, including fore edge painting, map making, and more.

For more information about BookCon, the schedule, or where and how you can attend the show, check out the BookCon website.

The Book Riot Newsletter

Join over 300,000 readers who get the latest book buzz, smart commentary, and must-read picks delivered straight to their inbox.

Subscribe to Selected
No Thanks

BookCon, via its parent company ReedPop, faced criticism when asked to address their ties with sister company LexisNexis, which has provided data tools for use by Immigration and Customs Enforcement (ICE). ReedPop issued a response in late January.

Keep up with the latest book news by signing up for the Book Riot Newsletter.

The post BookCon Announces Its Schedule of Events appeared first on Our Story Insight.

The initiative marks a collaboration between the CID’s Casino Crime Investigation Branch (CCIB) and the National Council on Problem Gambling. The migrant workers who are selected to join in this role are called C.a.N ambassadors.

A new cohort of C.a.N Ambassadors has been appointed to combat gambling-related crimes and addiction among migrant workers in Singapore.https://t.co/OmfNrkgpY5#spfpolicelife

— Singapore Police Force (@SingaporePolice) January 30, 2026

Those who apply have to undergo an interview and are then assessed on a number of criteria and they are required to work in Singapore for more than two years. Once named an ambassador, they are then trained to educate about problematic gambling behaviors.

They also share crime prevention advisories with the CCIB’s guidance and help guide peers towards available support, including casino self-exclusion. The people selected must participate in at least one outreach session at dormitories or recreational centers during their two-year term.

It was on 18 January when 46 ambassadors were recognized, with 24 being reappointed and 22 newly appointed.

Singapore Police’s first ambassador program to help educate on gambling risks took place in 2022

It was in 2022 when 40-year-old Mr Abul Bossain Tuhin joined the inaugural ambassador program which was spearheaded by the Singapore Police Force’s Criminal Investigation Department to spread awareness about responsible gambling.

He has said that scenes of migrant workers crying outside a casino when he left a night shift broke his heart and made him realize that he had to do something to help stop the vicious cycle. The man has now been serving as a C.a.N ambassador for the past four years.

Speaking about the program, Mr Tuhin said: “It’s really meaningful for me because so many of my fellow countrymen don’t know how to solve their problems,” Mr Tuhin said.

At the ceremony where the new ambassadors were present, along with representatives from partner agencies, Deputy Assistant Commissioner of Police (DAC) Eugene Wang, Assistant Director of the CID’s Specialised Crime Division, expressed his appreciation to those who have joined the program.

“We’ve encountered cases where migrant workers were arrested for casino-related crimes and it’s heartbreaking to see them repatriated after serving their sentence,” he said. “They lose not only their hard-earned salaries but also future employment opportunities in Singapore.”

Featured Image: Credit to Singapore Police Force

The post Singapore Police announces new migrant worker ambassadors, working to address gambling risks appeared first on Our Story Insight.

This update comes in a substantial year for legal reform in the Scandinavian nation, with the breakup of the longstanding state-owned gambling operator Veikkaus Oy.

Finland will now move to a more competitive model under the new Gambling Act, and the reform aims to shift licensing away from the established one-track norm under Prime Minister Petteri Orpo’s government.

Finland announces new operator license fees

As part of a statement, the Finnish Ministry of the Interior outlined the changes operators must implement to offer legally approved wagering.

The regulator has also stated that there will be a timeframe for these applications. As we reported, they will come into force on March 1, 2026, and close on December 31, 2026.

Finland to open some gambling services to competition https://t.co/uoZJbZRTDL

— Finnish Government (@FinGovernment) January 15, 2026

According to the post, the fees to hold an exclusive licence and a gambling licence will cost EUR 29,000 ($34,000), and any alterations made by a holder will result in a EUR 1,120 ($1,330) fee.

The major aim, says the overseer, is to further regulate all forms of gambling and eliminate routes for illegal operators to flourish, however, compared to other nations, the fee is lower.

This could be an attempt to drive or incentivise private ownership, as established open markets in the Netherlands and the United Kingdom are higher.

The National Police Board to hand over regulation

The open market will be strictly managed, the statement says, with tight supervision of certain forms of gambling offered to private operators when this goes live in July 2027.

Another substantial change will be the regulation and application process switching from the National Police Board, which will remain in post until mid-2027, to the new Supervisory Agency model.

Regardless of the regulatory body, Finland will adopt a unique hybrid model that firmly keeps Lotteries, casino locations, physical slot machines, and scratch cards under public regulation, whilst sports and other online licenses will be up for grabs.

Featured image: Finnish Ministry of the Interior

The post Finland announces new gambling operator license fees appeared first on Our Story Insight.

Book Riot Editorial is made up of passionate readers, writers, and book lovers dedicated to delivering insightful book recommendations, literary analysis, and the latest in book culture. With expertise spanning multiple genres and a deep understanding of the publishing industry, we offer thoughtful commentary, book deals, and news that matters to readers. Whether it’s uncovering hidden gems, analyzing literary trends, or championing diverse voices, Book Riot’s editorial team is here to keep you informed and inspired.

View All posts by Community

The National Book Critics Circle (NBCC) is an organization of over 700 book review editors and critics nationwide. The NBCC has been operating since 1974, hoping to advance a national conversation around critically discussing and sharing literature. What the NBCC is most well-known for are its annual awards, the National Book Critics Circle Awards.

Last year, the NBCC shared their longlists for each category for the first time in their 50 years of presenting the awards. They’re continuing the tradition this year. Throughout this week, we’ll be treated to an array of finalists in the six categories of criticism, fiction, autobiography, biography, poetry, and nonfiction. There are two additional categories awarded annually as well, as voted on by members: the John Leonard Prize for the best debut book in any genre and the Gregg Barrios Book in Translation Prize, for the best book of any genre translated into English and published in the United States.

Today, the NBCC announced their Longlist for Criticism. These are books that range in theme and topic, from film writing to memoir, essays and more.

Here’s the National Book Critics Circle Longlist in Criticism:

Today In Books

Sign up to Today In Books to receive daily news and miscellany from the world of books.

The National Book Critics Circle will share their winners in an awards ceremony on March 26, 2026. You can learn more about the NBCC and about how to get involved here, as well as keep an eye on the lists as they release the rest of the week. The NBCC announced their Fiction Longlist earlier today.

Find more news and stories of interest from the book world in Breaking in Books.

The post The National Book Critics Circle Announces Its Longlist for Criticism appeared first on Our Story Insight.

Restrictions on offline gaming advertisements will come into effect for 35 countries where these promotions violate the local laws.

In its updated policy, Google states that “promotion of offline gambling is prohibited in locations where it is illegal to advertise offline gambling.”

These locations include: Afghanistan, Algeria, Bahrain, Bangladesh, Bhutan, Bulgaria, China, Djibouti, Egypt, Estonia, Hong Kong, India, Indonesia, Iraq, Italy, Jordan, Korea, Kuwait, Lebanon, Libya, Lithuania, Malaysia, the Maldives, Morocco, Northern Ireland, Oman, Pakistan, Palestine, Philippines, Qatar, Saudi Arabia, Singapore, Sudan, Syria, Taiwan, Thailand, Tunisia, Turkey, Ukraine, United Arab Emirates, Vietnam, Yemen.

These changes will come into effect immediately, which suggests Google advertisers must be wary when checking their geographic targets in the coming days and weeks.

This isn’t the first time Google has updated its ad policy in 2025 to become more stringent regarding gambling advertisements.

Google has announced several Gambling Policy updates throughout 2025

Earlier this year, Google announced a major update to its Gambling and Games advertising policy, which was to come into effect from April 11.

That update was introduced to clarify exactly what constitutes gambling-related content, as well as to further improve enforcement methods that prevent potential violations.

With repeated violations of the gambling advertisement policy, permanent bans would come into operation as Google looked to crack down on those failing to comply with the new regulations.

There were further updates regarding the Gambling and Games policy in countries such as Angola, the Philippines and in specific US states, with ads being accepted for online horse racing across states including:  Idaho, Iowa, Louisiana, North Carolina, Vermont and Washington.

All of these previous updates were announced in February 2025, and the latest one could be the final policy change of the calendar year.

Featured image: Google / Canva

The post Google announces update of Gambling and Games Policy appeared first on Our Story Insight.