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Amazon Bolsters Smart Home Offerings with $1.7 billion iRobot Deal 

August 8, 2022

Amazon has agreed to buy iRobot Corp., the company behind the Roomba robotic vacuum, in a deal worth $1.7 billion.  Roomba will be added to Amazon’s already lengthy list of smart home…

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Parler Just Part of Social Media Whack-a-Mole, Unless US Takes Big Steps

January 10, 2021

Parler, a social media platform popular with racists, homophobes and conspiracy theorists, has been cut off by Amazon, Google and Apple, and some believe the firm may be taken offline as a…

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Tech Giants Open New Front Line in Battle Against White House

August 11, 2020

Fresh from their adversarial hearings, US tech’s biggest players are going in to bat against the White House again – this time over President Donald Trump’s ban on certain working visas. Apple,…

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New York Preps New Antitrust Laws, with Big Tech in Sights

August 5, 2020

New York lawmakers have introduced a new antitrust bill that will make it simpler for authorities to sue big tech companies for alleged breaches of monopoly powers. The sultrily-named S8700A bill is…

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Amazon Launches $2bn CleanTech Fund

June 23, 2020

Amazon has launched a $2 billion venture capital fund aimed at supporting companies working to combat climate change. The Climate Pledge Fund’s foundation follows an open letter sent by thousands of Amazon…

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Swedish Logistics Startup Instabox Wins $39m Finance Round

April 8, 2020

Swedish logistics outfit Instabox has secured a €36 million ($39m) financing round, as it looks beyond its Scandinavian home market. The company, founded five years ago by Alexis Prifitis, Johan Lundin and…

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Three Ways Tech Could Save the Rainforest

August 28, 2019

In the freshest apocalyptic omen since last month, the Amazon rainforest is current on fire—tens of thousands of fires, deliberately started, and greenlit by Jair Bolsonaro, Brazil’s far-right, populist leader. G7 heads…

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Why HQ2 Could be Bad News for Queens

November 19, 2018

Thoughts and prayers to Business Insider‘s Graham Rapier, who braved fiercely lukewarm weather for a reportage from “the very edge” of Queens, New York, where Amazon plans to erect one half of its…

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On International Literacy Day, Three Gadgets that Changed How We Read Forever

September 8, 2018

The written word has come a long, long way since Johannes Gutenberg invented the printing press in the 16th century – from Shakespeare folios, through Gothic horror, feminist samizdat, modern journalism and,…

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Tech Stock Plunge Wipes $10bn From Giants’ Value

July 30, 2018

The ten most valuable US tech companies have suffered a combined $82.7 billion value loss today, led by Facebook’s continued slide. The social media firm, whose value plummeted by a record $124bn…

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Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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