Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reason
Reason
Joe Lancaster

iRobot Lays Off 350 Employees as Amazon Kills Merger Elizabeth Warren Opposed

Today, Amazon terminated its planned acquisition of iRobot, manufacturer of Roomba robot vacuums, as the companies saw "no path to regulatory approval." iRobot then announced that it would be cutting nearly one-third of its work force.

While the companies blamed regulators in the European Union for the termination, meddlesome U.S. lawmakers played their own part in souring the deal.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.