On Sunday, iRobot filed for bankruptcy protection and said it will hand over its business to two Chinese companies and go private, marking the culmination of a years-long fall from grace. The company, which warned in March about its ability to remain a going concern, filed for Chapter 11 protection in Delaware bankruptcy court as it faces intensifying competition from lower-priced rivals and new U.S. tariffs.Shares of the consumer robotics company have struggled in 2025, weighed down by intense overseas com ...