Roomba Maker iRobot Files for Bankruptcy as Chinese Firm Takes Over; Yahoo Shifts Privacy Strategy
The technology sector’s relentless pace of change has claimed another casualty while simultaneously showcasing strategic adaptation. iRobot Corp., the Massachusetts-based pioneer that brought robotic vacuums into millions of homes, has filed for bankruptcy and faces acquisition by Chinese firm Shenzhen PICEA Robotics Co. Meanwhile, Yahoo is repositioning itself around data privacy and user control. These…