Amazon is reportedly facing a full-scale EU antitrust investigation over its $1.7 billion acquisition of iRobot, the maker of the popular Roomba vacuum cleaner introduced in 2002. After completing its preliminary review of the deal on July 6, the European Commission has scheduled a four-month investigation, according to...
Foxglove wants the U.K.’s competition watchdog to investigate Amazon’s proposed iRobot purchase, arguing — among other things — the deal lets the retail giant spy on its users. The British nonprofit said in a news release Tuesday (Nov. 22) that it is calling on the...
Amazon released a series of instruction manuals Wednesday (Aug. 31) designed to help users set up their Alexa Echo devices and turn their homes into smart homes. This comes at a time when 32% of consumers — or about 83 million people — used smart...
Today in the connected economy, Amazon pays $1.7 billion to acquire Roomba-maker iRobot, part of the company’s effort to boost its smart home offerings. Plus, Amazon and its cloud company Amazon Web Services (AWS) extend their partnership with the artificial intelligence (AI) firm Veritone, and...
March 12, 2025
Consumer robot company iRobot, maker of the Roomba robot vacuum, said in a Wednesday (March 12) earnings release that there is “substantial doubt” about its ability to continue as a going concern. The company’s board of directors has initiated a formal strategic review in which they will consider a potential sale or strategic transaction, refinancing […]
June 23, 2023
Amazon is reportedly facing a full-scale EU antitrust investigation over its $1.7 billion acquisition of iRobot, the maker of the popular Roomba vacuum cleaner introduced in 2002. After completing its preliminary review of...
November 22, 2022
Foxglove wants the U.K.’s competition watchdog to investigate Amazon’s proposed iRobot purchase, arguing — among other things — the deal lets the retail giant spy on its users. The British...
August 31, 2022
Amazon released a series of instruction manuals Wednesday (Aug. 31) designed to help users set up their Alexa Echo devices and turn their homes into smart homes. This comes at...