Amazon's iRobot deal faces EU antitrust investigation, sources say

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Amazon's (AMZN) AWS 'still well-positioned' to drive adoption through AI age, says Morgan Stanley

June 22, 2023 12:09 PM EDT

Morgan Stanley's Brian Nowak told investors in a note Thursday that Amazon (NASDAQ: AMZN) Web Services (AWS) is still well-positioned to drive public cloud adoption through the AI age.

"We see AWS' full AI tech stack, open source integration, and (importantly) 10+ year focus on... More

Amazon's (AMZN) iRobot acquisition to face EU antitrust investigation - Reuters

June 22, 2023 10:36 AM EDT

Reuters reported Thursday that Amazon's (NASDAQ: AMZN) $1.7 billion acquisition of iRobot, the robot vacuum cleaner maker, will have to face an EU antitrust investigation.

According to the publication's sources, the European Commission is planning to undertake a four-month investigation into the deal... More