Amazon buys Roomba maker for $1.7 billion
Amazon just announced a blockbuster deal to buy the home robotics company iRobot for $1.7 billion. This is Amazon's fourth-largest acquisition ever, after the purchase of grocery chain Whole Foods in 2017 ($13.7 billion), the movie studio MGM in 2021 ...
Read more at Ars Technica
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Alexa! Start my Roomba: Amazon buys robot vacuum maker for $1.7 billion iRobot - Amazon.com - Roomba - Robotic vacuum cleaner.
Amazon.com Inc will acquire iRobot Corp, maker of the robotic vacuum cleaner Roomba, in an all-cash deal for about $1.7 billion in the latest push by the world`s largest online retailer to expand its vertical of smart-home devices. Amazon will pay $61 ...
Read more at Zee News
News in business Category
China stocks end a tad lower, hit by COVID concerns and dim economic outlook Tencent - China - Alibaba Group - Algorithm.
China blue-chip index edged lower on Tuesday on worries about COVID-19 flare-ups and slowing economic growth although property stocks jumped on news of policy support. Meituan plunged 9% after sources told Reuters that Tencent Holdings Ltd plans to ...
Read more at Devdiscourse
Commonwealth Equity Services LLC Boosts Position in Knight-Swift Transportation Holdings Inc. (NYSE:KNX) New York Stock Exchange - Knight Transportation - NYSE:KNX - Commonwealth Financial Network.
Several other hedge funds have also recently bought and sold shares of KNX. Steward Financial Group LLC purchased a new stake in shares of Knight-Swift Transportation during the first quarter valued at approximately $26,000. Parkside Financial ...
Read more at Defenseworld.net
Lam Research (NASDAQ:LRCX) Upgraded to “Buy” by StockNews.com Lam Research - Investor.
Read Lam Research (NASDAQ:LRCX) Upgraded to “Buy” by StockNews.com at Defense World.
Read more at Defenseworld.net
Glacier Bancorp, Inc. (NASDAQ:GBCI) Stake Raised by Victory Capital Management Inc. New York Stock Exchange - Knight Transportation - NYSE:KNX - Commonwealth Financial Network.
State Street Corp now owns 4,461,340 shares of the bank's stock worth $252,958,000 after buying an additional 248,328 shares during the period. Dimensional Fund Advisors LP raised its holdings in Glacier Bancorp by 14.7% during the 4th quarter.
Read more at Defenseworld.net
Infinity Pharmaceuticals Inc. (INFI): Skating on Thin Ice? We Know the Answer Nasdaq - Infinity Pharmaceuticals, Inc. - NASDAQ:INFI.
Infinity Pharmaceuticals Inc. (NASDAQ:INFI) went up by 10.43% from its latest closing price compared to the recent 1-year high of $3.89. The company's stock price has collected 56.93% of gains in the last five trading sessions.
Read more at The News Heater
Tencent-Backed Giants Dive on Report of $24 Billion Meituan Sale Tencent - China - Alibaba Group - Algorithm.
Tencent Holdings Ltd.'s biggest investees plummeted after Reuters reported the social media giant intends to sell all or much of its $24 billion stake in food delivery giant Meituan to appease Beijing.
Read more at Bloomberg
Southwest Airlines to launch self-service business travel platform from 24-Aug-2022 Southwest Airlines - Business travel - Corporate travel management - Corporation.
Travel funds management;; Enhanced insight into contractual benefits, account performance, and dashboards;; Expanded sustainability reporting;; Increased automation with real-time capabilities and service. The carrier plans to add ...
Read more at CAPA - Centre for Aviation
Tencent plans to divest US$24bil Meituan stake - sources Tencent - China - Alibaba Group - Algorithm.
HONG KONG: China's Tencent Holdings plans to sell all or a bulk of its $24 billion stake in food delivery firm Meituan to placate domestic regulators and monetise an eight-year-old investment, four sources with knowledge of the matter said.
Read more at The Star Online
Welding Materials Market Showcases Promising Growth Due to the Ongoing Demand to 2032 Welding - Industry.
insightSLICE has published a report based on the latest changes in the Global Welding Materials Market During the forecast era, the study provides a detailed overview of the most profitable opportunities around the different segments in terms of ...
Read more at Spooool.ie
