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   Dare Obasanjo (carnage4life@mas.to)'s status on Monday, 29-Jan-2024 23:33:37 JST Dare Obasanjo

   With the EU blocking Amazon’s acquisition of Roomba, its CEO is stepping down and the company is laying off 31% of employees (350 people).

   Regulators blocking startup/company exits via acquisition is going to make startup funding even harder.

   https://www.theverge.com/2024/1/29/24034201/amazon-irobot-acquisition-over-antitrust-regulator-scrutiny

   • HistoPol (#HP) 🥥 🌴 repeated this.
   • Embed this notice
     Marijke Luttekes (mahryekuh@fosstodon.org)'s status on Monday, 29-Jan-2024 23:33:55 JST Marijke Luttekes

     in reply to

     @carnage4life Honestly, I'm only happy that we don't allow big tech to buy up every company like that—especially those who have already proven unworthy of our trust.

   • Embed this notice
     HistoPol (#HP) 🥥 🌴 (histopol@mastodon.social)'s status on Monday, 29-Jan-2024 23:34:27 JST HistoPol (#HP) 🥥 🌴

     in reply to

     • danjac

     @danjac
     👍
     @carnage4life

   • Embed this notice
     danjac (danjac@masto.ai)'s status on Monday, 29-Jan-2024 23:34:28 JST danjac

     in reply to

     @carnage4life or maybe the aquihire model stifles innovation. Why worry about competitors when you can buy them up and close them down?