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...
Amazon is about to face its biggest challenge yet from the US FTCIn the coming weeks, FTC plans to file a far-reaching antitrust suit focused on Amazon’s core online marketplace, according to documents re...
S&P 500 ends lower as Microsoft recedes from record highThe S&P 500 and Nasdaq ended the week lower due to Microsoft and other market heavyweights, as comments made by two Federal Reserve officia...
Wall Street set for weekly gains on hopes rates are near peakUS stock indices showed little change on Friday despite hopes that the Federal Reserve may soon end its monetary tightening campaign. Slowi...
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.
Amazon’s iRobot deal faces July 6 EU antitrust deadlineUS online retailer Amazon announced the takeover in August last year that will boost its portfolio of smart devices which include Alexa voi...
UK regulator launches probe into Amazon's planned purchase of iRobotThe probe launch by the UK watchdog comes at a time antitrust regulators, including those in the U.S. and the European Union, have become i...
US will not challenge Amazon's plan to buy One Medical: FTC officialThe FTC official said the agency planned to send a pre-consummation warning letter that would say it still had specific concerns about the ...
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 ...
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...
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.
Big tech is throwing money and talent at home robotsAlphabet and Huawei join Amazon in the race to build androids, the first of which could debut by 2020.
Azim Premji backs US-based e-commerce fraud-prevention startup SignifydThe Indian tech titan’s personal investing vehicle Premji Invest led the deal, valuing the seven-year-old company at roughly $400 million.
Resistance is futile: China's conquest plan for robot industryChina plans to dominate the markets for AI, driver-less vehicles, etc. That would mean the loss of a huge number of jobs in many nations, i...