Others

Ahead of Congressional hearing on child safety, X announces plans to hire 100 moderators in Austin

January 29, 2024

X, formerly Twitter, is trying to placate lawmakers about the app’s safety measures ahead of a Big Tech Congressional hearing on Wednesday, which will focus on how companies like X, Meta, TikTok, and others are protecting kids online. Over the weekend, the social media company announced via Bloomberg that it would staff a new “Trust […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Amazon’s $1.4B iRobot deal is dead. Now what?

January 29, 2024

A year and a half after announcing its intention to acquire iRobot, Amazon’s deal is officially dead. All parties involved anticipated some level of regulatory scrutiny, but after a few decades of tech company consolidation, few expected this  much friction. The deal had already passed through select international regulatory bodies, including the U.K. Ultimately, however […]

© 2024 TechCrunch. All rights reserved. For personal use only.

iRobot and Amazon call it quits, terminate acquisition agreement

January 29, 2024

Amazon has ended its bid to acquire iRobot, the maker of robotic vacuums, after running up against stiff headwinds with European regulators. In a press release, the companies said that they saw “no path to regulatory approval in the European Union,” preventing them from moving forward. Amazon and iRobot mutually agreed to terminate their previously-announced […]

© 2024 TechCrunch. All rights reserved. For personal use only.