The $1.7 billion bid Amazon announced last month to buy iRobot, the company behind the Roomba vacuum, was not Amazon’s first attempt to acquire the company. According to a Thursday securities filing from iRobot, which reveals new details about what happened behind the scenes of the negotiation process, Amazon had previously approached the Rooma maker in November 2016 about a deal. In that...
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Linda Yaccarino May Have the Toughest CEO Job
Here’s a question: How long can someone stay as CEO of a company when the owner of that company is publicly repudiating what they’re saying? Take Linda Yaccarino, CEO of X, previously known as Twitter. On Wednesday, Elon Musk confirmed a report in The Information about layoffs at X’s election integrity team—Musk even went further than what we reported, saying the team was “gone.” Yet in an...
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