|
iRobot, which brought robotic vacuum cleaners to the masses with its iconic Roomba models, has filed for Chapter 11 bankruptcy. The Massachusetts-based company plans to sell all assets to its primary supplier, a Chinese company known as Picea Robotics. If approved by a bankruptcy court, the move would allow iRobot to "continue operating in the ordinary course, pursue its product development roadmap, and maintain its global footprint," iRobot wrote in a press release.
The company expects the deal to close in February 2026, but says it will continue to operate "with no anticipated disruption to its app functionality, customer programs, global partners, supply chain relationships or ongoing product support." That means your Roomba should continue to clean normally and you'll be able to get consumables and replacement parts.
However, investors of common stock "will experience a total loss and not receive recovery on their investment" if the deal is approved, iRobot stated. The company didn't discuss how the move might affect its employees in the US or elsewhere.
Bankruptcy seemed a likely outcome for iRobot after Amazon dropped its $1.7 billion acquisition of the company last year following a veto threat by European regulators. The company's fortunes continued to decline and it issued a statement to investors in March 2025 that it had "su
|
|
Amazon and Best Buy this weekend have all-time low prices on the Apple Watch Series 11, with $100 discounts across numerous models of the smartwatch. These discounts beat the Black Friday prices we saw last month by about $30, and both retailers have delivery options that provide guaranteed arrival dates before Christmas.
|
|
Satechi and MacRumors partnered up this week to offer our readers an exclusive 30 percent discount on select products for a limited time. This sale is available only on Satechi's website and is set to end on Monday, December 15, so this weekend is your last chance to take advantage of the deals.
|
|
After roughly six weeks of beta testing, iOS 26.2 and related updates have finally been released for all users, delivering a number of new features, changes, and bug fixes.
|
|