iRobot Bankruptcy Reveals Chinese Fast Follower Threat
📋 Key Facts ✓ iRobot filed for Chapter 11 bankruptcy on December 14 and will be acquired by Picea Robotics. ✓ Founded in 1990 by Colin ...
Dec 21Business InsidereconomicsImpact
📋 Key Facts ✓ iRobot filed for Chapter 11 bankruptcy on December 14 and will be acquired by Picea Robotics. ✓ Founded in 1990 by Colin ...
Reid Hoffman, the cofounder of LinkedIn, thinks AI will transform, not eliminate, jobs. Dominik Bindl/Getty Images Reid Hoffman, a prominent Democratic donor, is against California's proposed billiona...
Lou Gerstner, the former CEO of IBM, has died at 83. James Leynse/Corbis via Getty Images Lou Gerstner, who led IBM's turnaround in the 1990s, has died, the company told staff. He kept IBM intact and ...
Image and video capabilities could be crucial in 2026. Getty Images Google Gemini announced it was partnering with Walmart to offer AI-powered shopping recommendations. Gemini will use Walmart and Sam...
I ventured to SoHo to see the refreshed Target store. Jordan Hart/Business Insider Target debuted an immersive, redesigned SoHo store to showcase its style revamp. The SoHo location features apparel, ...
California-based Grocery Outlet has opened more stores in the Eastern US over the past few years. Alex Bitter/BI Grocery Outlet is opening new stores, especially in the Eastern US. The chain touts its...
Matthew McConaughey starred in a Super Bowl ad for Uber Eats in 2025. Uber Eats US brands spent over $1 billion on celebrity talent for ad campaigns in 2025, per a report from XR. Pay guarantees for c...
AT&T's corporate headquarters in Dallas. Ronald Martinez/Getty Images AT&T told staff in a memo that it is moving its global headquarters to Plano, Texas. The new corporate campus would consolidate th...
Justin Howells, Target's group vice president for Pacific Northwest stores. Matt Hage/AP Content Services for Target Target is getting a new CEO in the New Year — one who started with the compan...
Chip Wilson stepped down from the CEO role at Lululemon in 2013. Jim Bennett/Getty Images Lululemon founder Chip Wilson has been a vocal critic of the brand since leaving the company. Some of his rema...
Italy on Wednesday said that an EU trade deal with South American bloc Mercosur could bring "enormous benefits", despite calling for a postponement of plans to seal the accord in December. On Friday, ...
Parents who take out student loans for their kids could see repayment changes in the new year. Jon Lovette/Getty Images The Education Department is rolling out changes to the Parent PLUS student-loan ...
Trump said the US could reimburse American oil companies for expanding operations in Venezuela. Doug Mills/The New York Times/Getty Images Trump said the US may reimburse oil firms for expanding opera...
The World Economic Forum says AI will reshape work by 2030 — and only one future avoids major worker displacement. APHOTOGRAFIA/Getty Images The WEF outlines four AI job futures for 2030, warnin...
US President Donald Trump signed an executive order that imposed a $100,000 fee on H-1B visas Demetrius Freeman/The Washington Post via Getty Images Companies are revising their H-1B strategies after ...
Brian Niccol has spent his first year as CEO of Starbucks making a series of changes, big and small, to improve operations at the coffee giant. Eugene Gologursky/Getty Images for Fast Company Brian Ni...
China’s economy has successfully weathered mounting shocks, including US tariffs and technology curbs, and continues to innovate despite a challenging environment, according to the mouthpiece of the r...
Japan’s economy is likely to fall behind India’s in 2026 to fifth place in the world, according to an International Monetary Fund’s estimate, potentially diminishing the East Asian nation’s presence o...
Volcano Engine, the cloud computing unit of Chinese tech giant ByteDance, said on Monday it has secured an “exclusive AI cloud partnership” with the Spring Festival Gala – a marquee slot that underlin...
Paramount Skydance CEO David Ellison hasn't given up in his pursuit of Warner Bros. Discovery. Angela Weiss/AFP via Getty Images Warner Bros. Discovery turned down another offer from Paramount Skydanc...