we speak with ceo nicholas woodman after the company slashes jobs.ptocurrencies opsware rocky start in 2018. bitcoin slumping as much as 27%, helping drag and smaller rivals. dissenting on las vegas for the consumer electronics show where driverless and electric cars are dominating the buzz. , our lead. gopro missed its fourth-quarter sales guide and signaling revamped cameras and price increases are not sparking revenue growth. shares tumbled more than 10%, its worst performance in a year. gopro ceo nicholas woodman spoke to selina wang and denied earlier reports that they hired jpmorgan for a potential sale. take a listen. nicholas: jpmorgan is in fact our banker, but we have not engaged them to help us sell the company. said, if there were an opportunity for gopro to partner up with a larger organization that can help us scale the company, scalar brand and reach to consumers, that is certainly something we would consider but it is not something we are actively engaging in the moment. selina: do you think you will want to actively engage in this? d

vonnie: is this ultimately a nicholas woodman problem? cory: nick is a really nice guy.er management of the company. vonnie: the ceo is the person responsible. cory: he tells a really great story and he is into the astec as well -- he is enthusiastic as well. maybe an actual problem with the business. they have yet to show the answer , can they sell this thing out a profit over the long haul? they have not been able to do that. mark: quick question on bit coin. what's going on? demand from asia? what is the latest worry? cory: this is a speculative volatility story when you look at the day-to-day pricing on this thing. the story will be written with utility. it might be written with bit coin, with ripple xrt, but fundamentally this is not about the fundamental value. about someone who's willing to pay more for it. volatility has been extreme. volatility has been more extreme after the futures conflict which one would have thought would have reduced about vol but it ht happened yet. vonnie: when the regulators get involved, surely it is not crypto currency anymore. the wh

interesting to note from the ceo and co-founder of the company that in a press release he said nicholas woodman his 2018 cash compensation to only $1 for the year 2018. this is also notably the fourth round of layoffs that go pro since the year 2016. back to you. >> interesting, jessica, thank you. >>> happening today the man acquitted of murderi ining pleasanton fative kate steinle will make an appearance in court. a judge sentenced jose ines garcia zarate to three years in prison for gun possession. zarate was released on credit for time served and immediately taken back into custody by federal authorities who charged him with being a convicted felon in possession of a firearm. they tried to convince a jury zarate fired a gun. >>> developing news now the search continues for suspects who shot two people in fremont. the people shot were trying to stop a car burglary. >> officers and k-9 teams searched the neighborhood for four people early yesterday morning. detectives believe the two victims were shot after they confronted two men and two women who had broken into a car. >> shocking because i