IRobot has struggled of late, dealing with increased competition, layoffs and a declining stock price.
Read More Roomba maker iRobot files for bankruptcy protection; will be taken private under restructuringCategory: Business
Netflix’s $72 billion Warner Bros deal faces skepticism over YouTube rivalry claim
Netflix says it must acquire Warner Bros Discovery to compete with YouTube, but antitrust experts doubt regulators will buy that argument.
Read More Netflix’s $72 billion Warner Bros deal faces skepticism over YouTube rivalry claimFederal Reserve likely to cut rates, may signal just one more reduction next year
It would be the third cut in a row and bring the Fed’s key rate to about 3.6%, the lowest in nearly three years.
Read More Federal Reserve likely to cut rates, may signal just one more reduction next yearWarner Bros’ lack of response fueled Paramount’s hostile bid, filing says
Paramount 11th-hour, hostile bid for Warner Bros Discovery was rooted in what it considered a lack of responsiveness from Warner Bros late last week.
Read More Warner Bros’ lack of response fueled Paramount’s hostile bid, filing saysParamount goes hostile in bid for Warner Bros., challenging a $72 billion bid by Netflix
Paramount said Monday that it going straight to Warner Bros. shareholders with a $30 per share in cash offer for the entirety of Warner Bros. Discovery.
Read More Paramount goes hostile in bid for Warner Bros., challenging a $72 billion bid by NetflixNetflix to acquire Warner Bros. studio and streaming business for $72 billion
The acquisition would bring two of the industry’s biggest players in film and TV under one roof and alter the entertainment industry landscape.
Read More Netflix to acquire Warner Bros. studio and streaming business for $72 billion
