Robot vacuum cleaners could make sense as part of the Big Tech firm’s product offering — Today, Amazon announced it has agreed to purchase iRobot, the maker of the iconic line of robot vacuum cleaners Roomba. The Big Tech company will acquire iRobot for $61 per share in an all-cash transaction valued at roughly $1.7 billion (including iRobot’s net debt). …

This is a bit surprising considering subsidiary’s ties to Teladoc… — Back in May, U.S. retail drugstore giant CVS announced it was developing a new integrated virtual care platform which will give “members access to primary care, on-demand care, chronic condition management, and mental health services virtually, with the option of being seen in-person when needed at an in-network provider”. Yesterday…

Is this part of a future consolidation strategy? — On July 21, Amazon announced it has agreed to purchase One Medical for $18 per share in an all-cash transaction (a $3.9 billion valuation including net debt). The deal is subject to “closing conditions, including approval by One Medical’s shareholders and regulatory approval”. Founded in 2007, One Medical is a…

It is set to launch in early 2023 — In its Q2 earnings report released on July 19, Netflix announced it is preparing an ad-supported plan which could launch as soon as early 2023. For the streaming giant, such product offering would have been considered sacrilege not too long ago (aka the promise of an ad-free experience). But times…

It’s mainly due to the current hyperinflation… — Today, market research firm Canalys shared its Q2 2022 global smartphone shipments report. Here are some highlights: Shipments fell 9% year on year in Q2 2022. As inflation keeps climbing, consumers’ disposable income has been affected (prompting a shift from mid-range to budget phones). Samsung takes first place (21% market…

Better safe than sorry… — On Friday July 8, a massive telecom outage occurred in Canada. Throughout the country, Rogers users reported service interruption starting early in the morning. Though the network has been doing much better on Friday evening, some customers are still experiencing spotty service today. …

The instant real-time payment system developed in India could soon expand across the globe — On July 5 during Digital India Week, the Indian government announced it is making some of its e-governance tools (including the Unified Payments Interface commonly referred to as “UPI” and the Aadhaar identity service) available to other countries through open APIs. UPI is an instant real-time payment system developed by…

The new division will focus on U.S. public sector institutions — On June 28, Google announced the creation of a new division called “Google Public Sector” which will cater to the public sector in the U.S. More precisely, such will operate “as a subsidiary of Google LLC and will specialize in bringing Google Cloud technologies, including Google Cloud Platform and Google…

This comes after rejecting a $17 billion offer back in February… — Ever heard of Zendesk? You probably have… Over the years the San Francisco-based company has become quite omnipotent as a SaaS customer support platform (aka support tickets!)… Today the company announced it has entered into an agreement to be acquired by an investor group led by investment firms Permira and…