The consumer robot developer has been struggling for years amid fierce competition from abroad.
Robot vacuum maker iRobot files for Chapter 11 bankruptcy, Starlink reports a near-miss collision with newly launched Chinese satellite, and Amazon rolls out AI-feature ‘Ask This Book’ ...
A struggling American manufacturer may soon face bankruptcy. This was not just the result of low sales, but of government regulators butting in. Online retail giant Amazon announced in August 2022 ...
Roomba once reigned supreme in the world of robotic vacuums, conquering both dirty living room floors with its advanced tech and the marketplace it helped create. But iRobot, the maker of the iconic ...
Shares of iRobot Corp. (NASDAQ:IRBT) lost over a third of their value on Monday, after the Roomba maker said the last remaining potential buyer had dropped out of sale negotiations, and its financial ...
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March 12 (Reuters) - Roomba vacuum cleaner maker iRobot (IRBT.O), opens new tab, a former $1.4 billion buyout target of Amazon.com (AMZN.O), opens new tab, raised concerns on Wednesday about its ...
Consumer robot maker iRobot (NASDAQ:IRBT) plunged in early trading on Wednesday after the company posted weak Q4 results and issued a going concern warning. Revenue was down 44% to $172 million in Q4, ...