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Top Philip Elmer‑DeWitt News

iRobot Files Bankruptcy, Acquired by Picea — REUTERS / ixx511

Business · Massachusetts

iRobot Files Bankruptcy, Acquired by Picea

50% Center coverage: 155 sources

iRobot, the Massachusetts-based firm known for its Roomba robot vacuums, filed for bankruptcy protection in Delaware on Sunday and agreed to be acquired by its primary supplier, Shenzhen-based Picea Robotics, which will receive all equity in the revamped business.See the Story

US Stocks Drift at the Start of a Week Full of Economic Updates

US Stocks Drift at the Start of a Week Full of Economic Updates

65% Center coverage: 23 sources

Wall Street is drifting in mixed trading at the start of a week full of economic reports that could drive where interest rates, and thus stock prices, go.See the Story

Rising Chip Costs to Push Global Smartphone Shipments Down in 2026, Counterpoint Says

Rising Chip Costs to Push Global Smartphone Shipments Down in 2026, Counterpoint Says

67% Center coverage: 9 sources

Dec 16 : Global smartphone shipments are expected to decline 2.1 per cent next year as rising chip costs are likely to impact demand, technology-focused market research firm Counterpoint said on Tuesday.Electronics supply chains around the world have been hit by a shortage of legacy memory chips in recent mon See the Story

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