Amazon Irobot Acquisition News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Glen Weinstein, iRobot's Executive Vice President and Chief Legal Officer, has been appointed Interim CEO, and Miller has been appointed Chairman of the Board. iRobot anticipates reporting full-year 2023 revenue of $891 million, a 25 per cent reduction as compared to the same period last year. �� iRobot Layoffs: After Amazon Terminates Acquisition Deal, Consumer Robot Maker Announces To Lay Off Around 350 Employees, Nearly 31% Workforce.

From Spirit Airlines' debut refinancing, China's brakes of EV growth, to Tata Steel's blast furance shut down, Meta's billion dollars investment, Microsoft hacking and more, here's a look at recent business developments around the world

The European Union's competition watchdog, the European Commission, plans to block Amazon's $1.4 billion acquisition of iRobot, a robot vacuum maker. Amazon was informed during its meeting with European Commission officials that the deal was likely to be rejected.