Company vacuumed up by its own manufacturer iRobot, the company behind autonomous vacuum cleaner brand Roomba, has filed for Chapter 11 bankruptcy protection, telling investors that its Chinese manufacturer will assume control going forward....
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Something messy happens when the cat hairs of reality meet the shiny hype of smart tech Opinion Asimov's Three Laws of Robotics are trumped by accountancy's First Law of Finance: you must make money. iRobot, the company behind the Roomba robot vacuum cleaner, is in Chapter 11 bankruptcy, with its Chinese manufacturing partner-cum-creditor poised to pick over the bones....
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