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

https://reason.com/2025/10/31/irobot-faces-bankruptcy-after-elizabeth-warren-helped-kill-1-65-billion-amazon-merger/

21 points · 15 comments · view on lemmy.world

15 Comments

FrankFrankson@lemmy.world · 21 pts · 289d

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

hateisreality@lemmy.world · 18 pts · 289d (2 replies)

Was this article written by Bezos?

murmelade@lemmy.ml · 10 pts · 289d (1 reply)

Yes.

hateisreality@lemmy.world · 7 pts · 289d

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

Openopenopenopen@lemmy.world · 14 pts · 289d (4 replies)
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hateisreality@lemmy.world · 8 pts · 289d

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..

Amoxtli@thelemmy.club · -12 pts · 289d (2 replies)

Baloney. Her job is destroy capitalism.

resipsaloquitur@lemmy.world · 7 pts · 289d

Wish she’d hurry up, then.

PunnyName@lemmy.world · 2 pts · 289d

Good

resipsaloquitur@lemmy.world · 8 pts · 289d (2 replies)

Bwahaha, “Reason.”

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

Amoxtli@thelemmy.club · -8 pts · 289d (1 reply)

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

resipsaloquitur@lemmy.world · 4 pts · 289d

You’re joking, right?

AllNewTypeFace@leminal.space · 7 pts · 289d

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

LodeMike@lemmy.today · 4 pts · 289d

Pog

njm1314@lemmy.world · 4 pts · 289d

Good job Elizabeth.

brucethemoose@lemmy.world · 1 pts · 289d

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.