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Roomba maker iRobot swept into bankruptcy
US-listed group behind autonomous vacuum cleaner to be taken over by its Chinese supplier
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ft.com
Investors seek protection from risk of AI debt bust
Trading in insurance-like products that protect against tech company defaults is booming
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Roomba maker iRobot swept into bankruptcy
US-listed group behind autonomous vacuum cleaner to be taken over by its Chinese supplier
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theguardian.com
Roomba maker iRobot bought by Chinese supplier after filing for bankruptcy
US-listed company, whose profits have been in decline since the pandemic, will be taken over by Picea
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Lessons from Roomba: sometimes being first mover sucks
In the consumer products space, rulers are dethroned with alarming speed
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Why China’s robotaxi industry is stuck in the slow lane
Shares in Pony.ai and WeRide have fallen since their November debuts
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Investors bet on Chinese companies powering global AI build-out
Companies such as battery maker CATL earn big margins on export sales despite US tariffs
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iRobot CEO says previous management was ‘in denial’ over group’s troubles
Gary Cohen defends takeover of US robotic vacuum company by Chinese rival following bankruptcy
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Rocket Internet accused of marking down start-up stakes to ease buyouts
Shareholder’s claims of impairments put billionaire investor Oliver Samwer’s stewardship back in the spotlight