iRobot’s Future in Doubt as Board Explores Options, Including a Potential Sale

A year after Amazon abandoned its plan to purchase iRobot for $1.4 billion, the Roomba-maker warns it may not be able to continue to operate.
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Roomba vacuum maker iRobot warns it may go bust, sending stock down 30%
After its latest financial figures were worse than forecast, the company said there’s “substantial doubt” it can survive another 12 months.MarketWatch - Mar. 12 -
Shares of iRobot tank 30% after Roomba maker raises doubt about its survival
The Roomba maker faces mounting debt and sputtering revenue growth, as well as heightened competition from robotic vacuum makers based in China.CNBC - Mar. 12 -
Figma in Talks With Bankers to Explore an I.P.O. This Year
The design tech company is exploring a public offering after regulators stymied its $20 billion sale to the software giant Adobe in 2023.The New York Times - Mar. 7 -
Arcade1Up Digital Board Game Tablet Is On Sale For Up To $100 Off
Arcade1Up's Infinity Game Board is on sale for $50 off at multiple major retailers, including Amazon , Walmart , and Best Buy . Normally $500, the Infinity Game Board is up for grabs for $450. ...GameSpot - Mar. 13 -
Designer Ray-Ban Metas, An EV to Mock Tesla, and Portable Pizzas—Here’s Your Gear News of the Week
Plus: iRobot unveils its new robo vacs, JBL pimps its most beloved speakers, a bright future for TCL TVs, and more.Wired - Mar. 15 -
Stitch Fix’s stock rallies after styling service boosts full-year sales forecast
Shares of Stitch Fix rallied after hours on Tuesday, after the online clothing and styling service nudged its full-year sales forecast higher and said its turnaround efforts were working, even as ...MarketWatch - Mar. 12 -
Amazon Is Killing Its Most Important Privacy Option. It All Starts This Month
Amazon will now send recordings of your Alexa conversations to its servers.Inc. - 4d -
Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers
Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in cash in the latest plan to settle thousands of lawsuits over the toll of ...ABC News - 3d -
Purdue Pharma submits opioid lawsuit settlement plan, including up to $7 billion cash from Sacklers
Members of the Sackler family who own the OxyContin maker Purdue Pharma would hand over the company and up to $7 billion in cash in the latest plan to settle thousands of lawsuits over the toll of ...ABC News - 3d
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Heathrow reopens after blaze but airlines warn of more disruption
Airport chief says he is ‘proud’ of response as flights are cancelled because planes and crews are in the wrong placeFinancial Times - 42m -
Take a look inside French luxury retailer Printemps' first U.S. store
Printemps opened a 55,000-square-foot store in New York City with luxury brands and food concepts, including a restaurant and a café with French pastries.CNBC - 44m -
Crypto's long battle with SEC comes to a close with Ripple victory
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