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iRobot’s Roomba. Source: iRobot Shares of iRobot, the maker of Roomba vacuums, closed up about 39% on Friday after a report said the European Union is set to approve Amazon’s $1.7 billion acquisition of the company. Reuters said Thursday morning the deal is set to “win unconditional EU antitrust approval,” citing three sources familiar with …
Continue reading “iRobot replenish 39% on report Amazon deal set to get EU approval”
OpenAI CEO Sam Altman speaks during the OpenAI DevDay event on November 06, 2023 in San Francisco, California. Justin Sullivan | Getty Images OpenAI investors are pushing to bring back Sam Altman as CEO one day after he was ousted by the board, according to people familiar with the matter. Microsoft, Tiger Global and venture …
Continue reading “OpenAI traders push to convey Altman again as CEO day after ouster”
U.S. President Joe Biden shakes hands with Chinese President Xi Jinping as they meet on the sidelines of the G20 leaders’ summit in Bali, Indonesia, November 14, 2022. Kevin Lamarque | Reuters BEIJING — After another rocky year of U.S.-China tensions, the two countries’ presidents are set to meet this week in person for the …
Continue reading “U.S.-China relations at the moment are extra about disaster prevention”
Ivanka Trump arrives for the civil fraud trial of her father former President Donald Trump at New York State Supreme Court on November 08, 2023 in New York City. Michael M. Santiago | Getty Images Ivanka Trump, the eldest daughter of former President Donald Trump, began testifying Wednesday in the $250 million civil fraud trial …
Continue reading “Ivanka Trump testifies in NY AG enterprise case”
Wefox CEO Julian Teicke. Wefox Wefox, the $4.5 billion German insurance technology group, has raised $55 million of fresh funding from Deutsche Bank and UniCredit, two anonymous sources familiar with the deal told CNBC. The company, which sells insurance plans via an online platform, raised the fresh cash in a debt financing deal from the …
United Auto Workers members rally outside Stellantis’ Ram 1500 plant in Sterling Heights, Mich. after the union called a strike at the plant on Oct. 23, 2023. Michael Wayland / CNBC DETROIT — Negotiators with the United Auto Workers union and Stellantis have in principle agreed to the terms of a tentative deal following roughly six …
Continue reading “Stellantis, union negotiators comply with phrases of a deal”
Israeli soldiers listen to Israel’s Defence Minister Yoav Gallant as he meets them in a field near Israel’s border with the Gaza Strip, in southern Israel October 19, 2023. Ronen Zvulun | Reuters Israel is widely expected to embark on a major ground incursion into Gaza, seeking to wipe the Palestinian militant group Hamas “off …
Continue reading “What subsequent if Israel embarks on a Gaza floor assault”
UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the General Motors Orion Assembly Plant in Orion Township, Michigan. Steve Fecht for Chevrolet DETROIT – General Motors said Tuesday it is delaying production of all-electric trucks at a Michigan plant by at least a year …
Continue reading “GM to delay EV truck manufacturing at Michigan plant”
Israel’s Iron Dome anti-missile system intercepts rockets launched from the Gaza Strip, as seen from the city of Ashkelon, Israel October 9, 2023. Amir Cohen | Reuters Israel is once again relying on its Iron Dome to fend off attacks from the Palestinian militant group Hamas, orchestrating its missile defense system to protect its citizens …
Continue reading “The Iron Dome missile protection system, defined”
A worker sorts out parcels in the outbound dock at the Amazon fulfillment center in Eastvale, California, on Aug. 31, 2021. Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images It was late in the day on Oct. 27, 2021, when Fred Ruckel received the dreaded automated email from Amazon. Amazon’s software …
Continue reading “Amazon sellers pontificate on the FTC’s ‘long-overdue’ antitrust case”
