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Amazon’s connected device cart grows with $1.7 billion deal for Roomba maker

Aug 5 (Reuters) – Amazon.com Inc (AMZN.O) will acquire iRobot Corp (IRBT.O), maker of robotic vacuum cleaner Roomba, in an all-cash deal for about $1.7 billion, in the latest push by the world’s largest online retailer to expand its stable of smart home devices.Amazon will pay $61 per share, valuing iRobot at a premium of …

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Stephen King going to bat for U.S. gov’t in case against book publishing mega-merger

WASHINGTON, Aug 1 (Reuters) – The U.S. Justice Department asked a federal judge on Monday to block a $2.2 billion merger of two of the “Big Five” book publishers, Penguin Random House and Simon & Schuster, in a trial that is expected to feature testimony from horror writer Stephen King.”It’s real money for real people,” …

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Indexes drop after Walmart profit warning; Nasdaq down 2%

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 21, 2022. REUTERS/Brendan McDermidRegister now for FREE unlimited access to Reuters.comRegisterWalmart cuts profit forecast; news hits retailersMcDonald’s up as sales, profit top estimatesCoca-Cola up on forecast raiseIndexes down: Dow 0.8%, S&P 500 1.3%, Nasdaq 2%NEW YORK, July …

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Amazon strikes $3.5 bln deal for One Medical in long march into U.S. healthcare

July 21 (Reuters) – Amazon.com Inc (AMZN.O) on Thursday agreed to buy primary care provider One Medical (ONEM.O) for $3.49 billion, expanding the e-commerce giant’s virtual healthcare and adding brick-and-mortar doctors’ offices for the first time.The all-cash deal would combine two relatively small players as Amazon continues a years-long march into U.S. healthcare, seeking to …

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