iRobot shares surge on strong sales of Roomba vacuum cleaners
iRobot shares surge on strong sales of Roomba vacuum cleaners
SAN FRANCISCO (Reuters) - Shares in iRobot Corp jumped 23 percent to a record high on Wednesday after the Roomba robotic vacuum maker posted better-than-expected quarterly results and said it was buying its largest European distributor.
Reuters
Reuters
Roomba vacuum maker iRobot betting big on the 'smart' home
Roomba vacuum maker iRobot betting big on the 'smart' home
(This July 24 story corrects paragraph 6 to read "share maps for free with customer consent" instead of "sell maps")
Reuters
Reuters
Howard Marks Sounds Alarm as FAANGs, SoftBank Reveal Complacency
Howard Marks Sounds Alarm as FAANGs, SoftBank Reveal Complacency
Billionaire Howard Marks, who’s warned of excessive risk in the markets for the past five years, is now sounding the alarm as hazards from red-hot tech stocks to investor confidence in SoftBank’s $100 billion fund converge.
Bloomberg
Bloomberg
Roomba maker may share maps of users' homes with Google, Amazon or Apple
iRobot’s chief executive says company could share or sell maps of robot vacuum users’ homes to US tech firms as part of smart home and profit push
The Guardian - UK
The Guardian - UK
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SoftBank, Didi Hand $2 Billion to Uber's Biggest Asian Rival
Grab raised $2 billion from Didi Chuxing and SoftBank Group Corp. in the largest–ever venture fundraising in Southeast Asia, joining forces with two companies instrumental in driving Uber Technologies Inc. out of China.
Bloomberg
Bloomberg
Slack Is Said to Be Raising $250 Million From SoftBank, Others
Slack Technologies Inc. is raising about $250 million in a funding round co-led by SoftBank Group Corp., according to people familiar with the matter, as the Japanese investment firm helps drive a new venture capital boom.
Bloomberg
Bloomberg