Page 4 - Colin Angle News Today

Wattpad has recently announced a second round of layoffs as its parent, Webtoon Entertainment, streamlines its operations.

This week’s collapse of a proposed acquisition by Amazon leaves the Bedford robot floor-cleaning company in search of new options for success as an independent company beset by ferocious competition.

How can anyone out there possibly believe that the U.S. economy is doing well?  As you will see below, the number of homeless Americans has risen to the highest level ever recorded, and large companies all over the country are laying off workers in droves. 

The proposed acquisition of iRobot by Amazon has collapsed and the failed deal will see Amazon pay iRobot a $94m termination fee.

Amazon and iRobot, the maker of the popular Roomba vacuum, have mutually called off an acquisition deal initially valued at about $1.7 billion, citing numerous regulatory hurdles.

Following the announcement of the deal termination, iRobots shares experienced a 10 per cent decline.

Amazons proposed acquisition of iRobot has no path to regulatory approval in the European Union, preventing Amazon and iRobot from moving forward together - a loss for consumers, competition, and innovation...

IRobot, which makes consumer robots, has announced to lay off around 350 employees -- about 31 per cent of its workforce -- and its founder and CEO, Colin Angle, would also step down.The layoffs came after the Amazon-iRobot $1.7 billion deal ...

Databricks is set to acquire AI data startup Einblick, Fortune has learned exclusively.

Proposed acquisition unable to get regulatory approval