Avid Amoeba@lemmy.ca to

Technology@lemmy.worldEnglish · 5 months ago

Roomba maker iRobot swept into bankruptcy

arstechnica.com

296

Roomba maker iRobot swept into bankruptcy

arstechnica.com

Avid Amoeba@lemmy.ca to

Technology@lemmy.worldEnglish · 5 months ago

Shenzhen-based Picea Robotics, its lender and primary supplier, will acquire all of iRobot’s shares.

Shenzhen-based Picea Robotics, its lender and primary supplier, will acquire all of iRobot’s shares.

Chat

Rooster326@programming.dev
link
fedilink
English
arrow-up
7·
5 months ago
They literally used all of their money to do stock buybacks. Imagine if they put it into R&D. Maybe they would still exist.
- witty_username@feddit.nl
  link
  fedilink
  English
  arrow-up
  1·
  5 months ago
  deleted by creator

Technology@lemmy.world

technology@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@lemmy.world

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

6.35K users / day
10K users / week
15.7K users / month
31.2K users / 6 months
1 local subscriber
84.3K subscribers
12.3K Posts
445K Comments
Modlog