Ignoring “tech debt,” disregarding employee warnings and cutting costs combined to create a crisis that the high-end audio company is still struggling to recover from.
A flawed software release has users of the company’s high-end audio speakers tearing their hair out. Time is running out to stop them from leaving forever.
The company’s first foray into booking local experiences didn’t take off, but a revamped version holds promise that it can supplement the fickle travel business.
Shareholders in Microsoft, Apple, Amazon and Meta want to hear during earning calls that ballooning spending is being offset with new revenue streams. They are likely to be disappointed.