Regulatory

Beeper Messaging App Is Acquired as a Bet on a Regulatory Shift

trl9 months ago04 mins

Beeper, the app that brought iPhone messaging features to Android smartphones, has been acquired by Automattic, the company behind WordPress.com, to support the development of a single service for sending and receiving chats from WhatsApp, Signal, LinkedIn and others. The deal, which is valued at about $125 million, was announced on Tuesday. It comes as…

Amazon Scraps Deal to Buy Maker of Roomba Amid Regulatory Scrutiny

trl11 months ago05 mins

Amazon said on Monday that it was abandoning plans to buy iRobot, the maker of the self-driving Roomba vacuum, after regulators raised concerns the deal would hurt competition. The announcement is a rare admission of defeat by Amazon, which has in recent years acquired an eclectic mix of companies such as Whole Foods and MGM…

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Rasif Islam

Beeper Messaging App Is Acquired as a Bet on a Regulatory Shift

Amazon Scraps Deal to Buy Maker of Roomba Amid Regulatory Scrutiny

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