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Amazon's (AMZN) proposed $1.4 billion acquisition of iRobot Corporation (IRBT) is likely to be blocked by EU antitrust regulators, according to a Wall Street Journal report. Though no final decision has been made yet, concerns are mounting that the deal would unfairly eliminate competition in the robot vacuum market. iRobot is the maker of the popular Roomba autonomous home vacuums, while Amazon has its own brand of Alexa-enabled cleaning robots. Combining the Roomba maker with Amazon, which dominates e-commerce, raises red flags for regulators who are concerned about stifling consumer choices. Yahoo Fiance's Alexis Keenan breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith...
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The UK bond market has suffered its worst start to the year on record, according to a market gauge, after this week’s shock inflation figures...
Continue ReadingShares of electric-vehicle makers are getting crushed again. There’s no shortage of reasons why investor sentiment is weakening...
Continue ReadingMy scenario for Microsoft is for high revenue growth, high operating margins and high reinvestment requirements. Read more on MSFT stock here...
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As Nvidia hits record highs, Google stock joins AI chatbot rival Microsoft in buy range with earnings due...
Continue ReadingLooking beyond Wall Street's top -and-bottom-line estimate forecasts for Tesla (TSLA), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023...
Continue ReadingAlphabet's (GOOGL) Google intends to pump in $1 billion in its U.K. data center to boost its presence in the European cloud market...
Continue Reading(Bloomberg) -- A pair of scientists at Google DeepMind, the Alphabet Inc. artificial intelligence division, have been talking with investors about forming an AI startup in Paris, according to people familiar with the conversations. Most Read from BloombergYouTube and Spotify Won’t Launch Apple Vision Pro Apps, Joining NetflixPutin Orders Hunt for Property of Russian Empire, Soviet UnionFord Cuts Workforce Making Electric F-150s on Weak DemandChina’s $6.3 Trillion Stock Selloff Is Getting Uglier...
Continue ReadingMicrosoft Corp. said Friday a Russian hacking group illegally gained access to some of its top executives' email accounts...
Continue ReadingIBM's Software segment is expected to have recorded higher revenues year over year in the fourth quarter, driven by growing demand for its AI native solution suite and product innovation...
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