Daily Crunch: Amazon to acquire iRobot in $1.7B all-cash deal
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Amazon to acquire iRobot in $1.7B all-cash deal
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Daily Crunch: Amazon to acquire iRobot in $1.7B all-cash deal
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The TechCrunch Top 3
Double "ring" ceremony: Amazon and iRobot’s relationship went to the next level today when the pair announced they were getting hitched, Brian reports. The robot vacuum mapping out your home now takes on a whole new meaning.
Double the layoffs: Natasha M noticed a trend among startup layoffs — that certain companies were making multiple announcements in quick succession — and got to work. She outlines what this means and why it’s troubling.
Double the entertainment: A pair-up is also happening in the streaming world. Fans of HBO Max and Discovery+ can cheer the merging of these services into one sometime next year, Ivan writes.
Startups and VC
Sparking interest in electricity: Beacon Power got a jolt of new capital to improve electricity access for sub-Saharan African cities, Tage writes.
Making up: Internet privacy company DuckDuckGo and Microsoft are on friendlier terms now following a policy change that now includes third-party Microsoft tracking scripts, Natasha L reports.
Billion-dollar milestone: Moving over to TechCrunch+, Alex examines Databricks’ news that it has reached $1 billion in annual run rate and what that means for its valuation.
Magnetic attraction: A new round of capital has Zenno Astronautics blasting off with its technology aimed at moving spacecraft by using electromagnets, Aria writes.
It’s getting personal: Kenya’s shift to protecting personal data will have some startup implications. Annie outlines what those might be.
More out-of-this-world action: LiveEO took in some new funding to further develop its big data approach to making raw geospatial data captured by satellites more usable, Ingrid reports.
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