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Instant Pot maker seeks bankruptcy protection - NPR (www.npr.org)

submitted 1 year ago by kurosawaa@lemmy.world to c/news@beehaw.org

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Pretty shocked to see this with how ubiquitous they've seemed these last few years. Of all the recent kitchen gadgets this is one of the few that felt genuinely useful to me.

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[–] adespoton@lemmy.ca 1 points 1 year ago

Corning seems like a way bigger deal than Pyrex too… between them and AnchorHawking they essentially own the industrial glassware industry. Pyrex is only a small part of that; it also spans things like smartphone screens and lab equipment.

That said, Corning has bought a lot of companies of questionable quality in the last decade; sounds like now they’re being forced to divest some of those properties.