The Lemmy Club
  • Communities
  • Create Post
  • Create Community
  • heart
    Support Lemmy
  • search
    Search
  • Login
  • Sign Up
Amoxtli to Economy@lemmy.worldEnglish · 4 months ago

iRobot faces bankruptcy after Elizabeth Warren helped kill $1.65 billion Amazon merger

reason.com

external-link
message-square
15
link
fedilink
21
external-link

iRobot faces bankruptcy after Elizabeth Warren helped kill $1.65 billion Amazon merger

reason.com

Amoxtli to Economy@lemmy.worldEnglish · 4 months ago
message-square
15
link
fedilink
Amazon, with its deep pockets, could have helped turn things around. Instead, regulators consigned the company to die a slow and painful death.
alert-triangle
You must log in or # to comment.
  • FrankFrankson@lemmy.world
    link
    fedilink
    English
    arrow-up
    21
    ·
    4 months ago

    Amazon doesn’t need to absorb more companies. Amazon needs to be broken the fuck up.

  • hateisreality@lemmy.world
    link
    fedilink
    arrow-up
    18
    ·
    4 months ago

    Was this article written by Bezos?

    • murmelade@lemmy.ml
      link
      fedilink
      English
      arrow-up
      10
      ·
      4 months ago

      Yes.

      • hateisreality@lemmy.world
        link
        fedilink
        arrow-up
        7
        ·
        4 months ago

        If you’re worth 1.6 billion but need to be purchased, you’re not worth anything

  • Openopenopenopen@lemmy.world
    link
    fedilink
    arrow-up
    15
    arrow-down
    1
    ·
    edit-2
    4 months ago

    deleted by creator

    • hateisreality@lemmy.world
      link
      fedilink
      arrow-up
      8
      ·
      4 months ago

      I was 4 sentences into this garbage and thought does Amazon own this publication‽

      Oh it’s owned by a fucktard think tank, think heritage foundation light…

    • AmoxtliOP
      link
      fedilink
      English
      arrow-up
      1
      arrow-down
      13
      ·
      4 months ago

      Baloney. Her job is destroy capitalism.

      • resipsaloquitur@lemmy.world
        link
        fedilink
        arrow-up
        8
        arrow-down
        1
        ·
        4 months ago

        Wish she’d hurry up, then.

      • PunnyName@lemmy.world
        link
        fedilink
        arrow-up
        3
        arrow-down
        1
        ·
        4 months ago

        Good

  • resipsaloquitur@lemmy.world
    link
    fedilink
    arrow-up
    9
    arrow-down
    1
    ·
    4 months ago

    Bwahaha, “Reason.”

    Some how it’s Liz’s fault iRobot couldn’t make money.

    • AmoxtliOP
      link
      fedilink
      English
      arrow-up
      3
      arrow-down
      11
      ·
      4 months ago

      Amazon acquiring iRobot isn’t going to harm the economy. A bankrupted iRobot could be, though.

      • resipsaloquitur@lemmy.world
        link
        fedilink
        arrow-up
        5
        arrow-down
        1
        ·
        4 months ago

        You’re joking, right?

  • AllNewTypeFace@leminal.space
    link
    fedilink
    arrow-up
    7
    ·
    4 months ago

    Hopefully someone will jailbreak the Roomba before they turn the servers off

  • Kairos@lemmy.today
    link
    fedilink
    arrow-up
    4
    ·
    4 months ago

    Pog

  • njm1314@lemmy.world
    link
    fedilink
    arrow-up
    4
    ·
    4 months ago

    Good job Elizabeth.

  • brucethemoose@lemmy.world
    link
    fedilink
    arrow-up
    1
    ·
    4 months ago

    I’m with the article here.

    iRobot staying alive would be better than it dying from a financial death spiral. After all, who did all their competition get funded by?

    Chinese tech giants (like Xiamoi for Roborock), or as OEMs for other huge companies.

    Mergers and acquisitions aren’t always bad for the consumer, if it keeps options alive. Even with the obvious conflict of interests on Amazon, which it mentions, it seems pretty clear they overestimated iRobot, and consolidated the market as a consequence.

Economy@lemmy.world

economy@lemmy.world

Subscribe from Remote Instance

Create a post
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: !economy@lemmy.world

Lemmy Community for economy, business, politics, stocks, bonds, product releases, IPOs, advice, news, investment, videos, predictions, government, money, politics, debate, current trends and more.

Visibility: Public
globe

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

  • 46 users / day
  • 320 users / week
  • 884 users / month
  • 2.75K users / 6 months
  • 3 local subscribers
  • 2.7K subscribers
  • 9.94K Posts
  • 4.69K Comments
  • Modlog
  • mods:
  • sv1sjp@lemmy.world
  • BE: 0.19.16
  • Modlog
  • Legal
  • Instances
  • Docs
  • Code
  • join-lemmy.org