this post was submitted on 12 Mar 2025
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iRobot is likely to collapse within 12 months. (www.theregister.com)
submitted 2 days ago by Tea@programming.dev to c/technology@lemmy.world
178 comments fedilink hide all child comments
 

Troubled robot vacuum-cleaner maker iRobot, abandoned by Amazon after regulators effectively doomed the web giant's takeover offer, has warned investors it may not survive the next 12 months.

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[–] Crashumbc@lemmy.world 11 points 1 day ago (2 children)

They're really not though, maga fascists, actually believe this is a mere speed bump on the way to the promised land...

[–] limelight79@lemm.ee 7 points 20 hours ago

"Many economists are saying that the market was due for a correction..."

I've seen that comment a few times in the last few days. They'll say ANYTHING to support Dear Leader.

[–] CarbonBasedNPU@lemm.ee 0 points 18 hours ago (1 children)

Economists will literally say anything to perpetuate capitalism/the status quo.

[–] Wasp14@lemmy.world 2 points 17 hours ago

All the economists here (Canada) are saying this is an absolute disaster that will cause a recession. No reasonable person believes these tariffs are a net positive.