Page 29 - Patrick Spence News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Bloomberg) -- Sonos Inc., best known for its smart speakers and sound bars, will make a long-awaited push into headphones with a model priced upwards of $400 that’s slated to be released as early as April, according to people familiar with the matter. Most Read from BloombergSam Altman, OpenAI Board Open Talks to Negotiate His Possible ReturnOpenAI in ‘Intense Discussions’ to Quell Potential MutinyCitigroup Cuts Over 300 Senior Manager Roles in Latest RestructuringNearly All of OpenAI Staff Thr

In addition to the widely rumored Sonos wireless headphones, the company is planning a Roku-like set-top box, according to Bloomberg.

Sonos plans to release a slew of new products over the next couple of years, including high-end headphones that could cost as much as $500.

Plus: Sonos teases a new product, WIRED cover star Simone Giertz has a new invention, and the hackers behind one of the largest ever cyberattacks finally tell their story.

Sonos (NASDAQ:SONO – Free Report) had its price target reduced by Morgan Stanley from $19.00 to $17.00 in a research note released on Thursday, Benzinga reports. They currently have an equal weight rating on the stock. SONO has been the subject of a number of other research reports. Bank of America downgraded shares of Sonos […]