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iRobot founder says company’s bankruptcy revealed a new kind of competitor: ‘the Chinese fast follower’

iRobot cofounder Colin Angle next to a Roomba.Matthew J. Lee/The Boston Globe via Getty ImagesiRobot filed for bankruptcy and will be acquired by Picea Robotics, a Chinese company.Founder Colin Angle said iRobot faced rising competition from Chinese robotics firms.Angle said that China's subsidies to local manufacturers created a "protected market" for competitors.If there's one lesson …

‘Tis the season for another Blackstone holiday video

Blackstone's Steve Schwarzman and Jon Gray in a Back to the Future parody from the firm's holiday videoBlackstoneThis post originally appeared in the BI Today newsletter.You can sign up for Business Insider's daily newsletter here.We're in the thick of the holiday season, and that can only mean one thing on Wall Street: Blackstone's annual holiday …

The US is now reviewing the social media of certain visa applicants. Here’s everything you need to know.

The US government has added another hurdle to workers and visitors on certain types of visas.tzahiV/Getty Images/iStockphotoThe US is now reviewing the social media accounts of some visa applicants.Google and Apple have cautioned staffers on visas from leaving the US due to related delays.Here's what you should know about the new visa application requirements.The United …

5 things we learned from the latest Epstein files drop

Jeffrey Epstein with Ghislaine MaxwellDepartment of JusticeThe Justice Department released new documents related to Jeffrey Epstein on Friday.They included photos featuring celebrities and politicians, as well as flight logs and documents.Here are five things we learned from the latest release.The Justice Department's long-awaited release of the Epstein files on Friday offered a deeper look at …