iRobot stock crashes over 80% after company files for bankruptcy - what investors must knowiRobot stock tanks after company files for bankruptcy: Roomba maker iRobot sought Chapter 11 protection as debt, Chinese competition, and a...
15 Dec, 2025, 07.09 PM IST
US stock market today falls: S&P 500 and Nasdaq are down while Dow gains - Oracle and Nvidia lead today's biggest tech lossesUS Stock market today opened mixed as tech stocks stumbled. Oracle earnings shocked investors. Cloud revenue missed. $15 billion data cente...
11 Dec, 2025, 09.20 PM IST
Twitch streamer with most subscribers goes viral for abusing $70,000 robot raising AI ethical concernsKai Cenat is facing criticism after a livestream showed him and his friends allegedly abusing a $70,000 robot by mocking, pushing, and kick...
31 Jan, 2025, 07.34 PM IST
iRobot to lay off 350 employees after Amazon terminates acquisition dealAs part of this workforce reduction, iRobot expects to record restructuring charges between $12 million and $13 million, primarily for seve...
30 Jan, 2024, 10.05 AM IST
Amazon, iRobot abandon merger in face of EU oppositionAmazon and iRobot have announced the termination of their merger plans due to opposition from EU antitrust regulators. iRobot is implementi...
30 Jan, 2024, 07.48 AM IST
EU antitrust regulator intends to block Amazon's iRobot acquisition: reportThe European Union's competition watchdog, the European Commission, plans to block Amazon's $1.4 billion acquisition of iRobot, a robot vac...
19 Jan, 2024, 10.14 AM IST
EU regulators say Amazon's iRobot acquisition may harm competitionThe European Commission, the European Union's executive arm and top antitrust enforcer, said it has informed Amazon of its "preliminary vie...
28 Nov, 2023, 08.15 AM IST
Wall St subdued in shortened Black Friday tradingThe main three U.S. stock indexes were still set for their fourth consecutive weekly gains, driven by hopes that the Federal Reserve is don...
24 Nov, 2023, 10.34 PM IST
Why is Alphabet’s $118 billion cash pile posing a new problem for the tech giant?Generally, investors aren’t fond of companies sitting on large amounts of cash and expect the money to be invested for better returns or gi...
12 Aug, 2023, 06.27 PM IST
Amazon amends iRobot deal to lower offer price by 15%The companies had unveiled the deal in August last year, in what marked the latest effort by the world's largest online retailer to expand ...
25 Jul, 2023, 06.54 PM IST
Amazon's iRobot deal faces EU antitrust investigation: reportAmazon announced the takeover in August last year to expand its portfolio of smart devices, which include the Alexa voice assistant, smart ...
22 Jun, 2023, 10.48 PM IST
UK clears Amazon's $1.7 billion deal for Roomba-maker iRobotThe Competition and Markets Authority (CMA) said it had concluded that the deal would not lead to competition concerns in the UK.
16 Jun, 2023, 03.31 PM IST
FTC seeks more data on Amazon's $1.7-billion deal for vacuum maker iRobotIn a filing on Tuesday, iRobot said the FTC had on September 19 requested more details on the deal that was announced last month and would ...
20 Sep, 2022, 09.36 PM IST
US begins antitrust review of Amazon's takeover of vacuum maker iRobotThe US anti-trust body's iRobot review is wide-ranging and would include both head-to-head competition and whether the deal would illegally...
03 Sep, 2022, 09.20 AM IST
As Amazon grows, so does its eye on consumersIn recent weeks, Amazon has said it will spend billions of dollars in two gigantic acquisitions that, if approved, will broaden its ever gr...
23 Aug, 2022, 02.13 PM IST
Alexa! Start my Roomba: Amazon buys robot vacuum maker iRobot for $1.7 billionAmazon will pay $61 per share, valuing iRobot at a premium of 22% to the stock's last closing price of $49.99.
06 Aug, 2022, 09.19 AM IST
When smart gadgets spy on you: Your home life is less private than you thinkSmart gadgets or Internet of Things (IoT), a universe of devices from toaster to your car connected to internet, are highly vulnerable to h...
07 Oct, 2017, 09.08 PM IST