Streaming device manufacturer Roku Inc. is exploring strategic options including a potential sale of the company, according to sources familiar with the matter. Bloomberg reported that the discussions include possible tie-ups with media companies, though no final decisions have been made.

The news comes as several other companies announce significant business changes. Mattress retailer Sleep Number Corp. has filed for bankruptcy and plans to sell its assets for $415 million, according to court documents. The company, which specializes in adjustable air mattresses, has struggled with declining sales and mounting debt.

In the agriculture sector, Corteva Inc. announced it expects higher restructuring charges as the company plans to cease production at its Spanish manufacturing site. The agricultural chemical and seed company has been working to streamline operations amid challenging market conditions.

Meanwhile, the Small Business Administration has removed nearly two dozen products from its federal marketplace catalog over concerns that China-based companies were falsely marketing goods as made in America. The action affects products that were being sold through the federal procurement system.

Additionally, Microsoft Corp. has reportedly considered spinning off its Xbox gaming division, according to industry publication The Information, though the company has not made any formal announcements regarding such plans. The gaming unit has been a significant part of Microsoft's entertainment and services strategy.