The idea that your robot vacuum cleaner could suck up data about your home and send it back to Amazon might strike some people as creepy. Whether this would also be a threat to competition in the nascent home automation market, however, is an altogether different question. Separating those two issues has become of critical importance as regulators in the US break new ground in antitrust enforcement, with data very much at the centre.
iRobot's (IRBT) second-quarter 2022 revenues decline 30.1% on account of weakness across its businesses in the United States, Japan and the EMEA regions.
(Bloomberg) -- There’s no relaxing on the beach this summer for corporate acquirers -- they’ve been busy snapping up technology companies, even after a stock rally over the past two months means the sector isn’t as cheap as it was back in June. Most Read from BloombergAuthor Salman Rushdie Stabbed on Lecture Stage in New YorkTrump Calls for Release of Warrant Documents Used in SearchThe Fed’s Damage to the Housing Market May Last YearsExtreme Heat Uncovers Lost Villages, Ancient Ruins and Shipwr