The Botched Software Update That Cost $600 Million

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Episode
535 of 921
Duration
17min
Language
English
Format
Category
Economy & Business

Sonos, the high-end speaker company, continues to reel from its disastrous app update last May. The company lost revenue and approximately $600 million in market capitalization. Then came the layoffs and a CEO exit. WSJ’s Ben Cohen explains.

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Further Listening:

- The Glitch That Crashed Millions of Computers

- The Snowballing Problems at Vail Resorts

Further Reading:

- The $500 Million Debacle at Sonos That Just Won’t End

- Sonos Finally Hits the Hard Reset Button

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