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Amazon drops $1 4bn deal to buy iRobot amid antitrust scrutiny

Amazon has abandoned plans to acquire consumer robotics company iRobot amid reports that the European Commission was set to block the acquisition over competition concerns.

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Tech CEOs will testify on kids safety Here s what to watch for

Tech CEOs will testify on kids safety Here s what to watch for
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Analyst revamps Amazon stock target after billion-dollar deal unravels

Analyst revamps Amazon stock target after billion-dollar deal unravels
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Analyst revamps Amazon stock target after billion-dollar deal unravels

Analyst revamps Amazon stock target after billion-dollar deal unravels
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iRobot to cut 350 jobs in restructuring after Amazon scraps acquisition deal

iRobot is expecting a fourth-quarter loss of up to $285 million.

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