Page 10 - Amazon Stores News Today

Amazon has abandoned plans to acquire consumer robotics company iRobot amid reports that the European Commission was set to block the acquisition over competition concerns.

Amazon, if you recall, agreed to purchase iRobot in the summer of 2022. At the time, it would have been the company's fourth largest acquisition. The deal...

Amazon called off its purchase of robot vacuum maker iRobot on Monday, blaming “undue and disproportionate regulatory hurdles” after the European Union...

Amazon will pay the maker of the circular-shaped Roomba vacuum a previously agreed termination fee of $94 million, iRobot said in a separate announcement, which also disclosed that it would lay off about 31% of its staff and see its CEO depart.

Amazon called off its purchase of robot vacuum maker iRobot on Monday, blaming “undue and disproportionate regulatory hurdles&quot&#x3B; after the European Union signaled its objection to the deal. The companies said in joint statement that they were disappointed but mutually agreed ...

Amazon has called off its purchase of iRobot, blaming "undue and disproportionate regulatory hurdles" after the European Union signaled its objection to the deal

The Zhiyun FiveRay M20 series of pocket-sized lights includes professional features and is easy to use. This is an ideal light for videographers as well as webcam users.

Over 27,000 jobs across the company have been eliminated since late 2022, with ongoing layoffs this year mainly affecting employees in Amazon's Prime Video, MGM, Twitch, Audible, and Amazon Pay units. Read more.

Twitch reportedly still unprofitable, paid over $1 billion to streamers in 2023.

With the release of a limited-edition Valentine's Day Stanley cup, Target stores have turned into a scene of chaos as people race to get the tumbler before they're gone.