Tags: Bankruptcy
Revolutionizing Transportation: Aurora Unveils Driverless Trucking Service Amid Canoo Bankruptcy Drama
In the latest TechCrunch Mobility update, Aurora Innovation has launched the first fully autonomous commercial trucking service in the U.S., completing over 1,200 miles of…
Congress Investigates 23andMe Bankruptcy: Key Questions and Implications for Genetic Testing Industry
The bankruptcy filing of 23andMe has prompted an investigation by the House Committee on Energy and Commerce regarding the potential risks to customer data. Representatives…
Trevor Milton, Nikola Founder, Faces Allegations of Sabotaging Bankruptcy Proceedings
A recent court hearing on the sale of bankrupt electric truck startup Nikola’s assets to Lucid Motors faced unexpected objections. Delaware bankruptcy judge Thomas Horan…
Solid, the ‘AWS of Fintech,’ Files for Bankruptcy After Securing $81M in Funding
Banking-as-a-service startup Solid, formerly known as Wise, has filed for Chapter 11 bankruptcy protection as of April 7, 2023. Founded in 2018 and based in…
23andMe Declares Bankruptcy: A Step-by-Step Guide to Deleting Your Personal Data
On March 16, 2023, DNA testing service 23andMe filed for bankruptcy protection, raising concerns about the privacy of genetic data belonging to its 15 million…
Plenty’s Bankruptcy: The Rise and Fall of a $1 Billion Vertical Farming Pioneer
Plenty, a key player in the vertical farming industry, has filed for bankruptcy as it seeks to restructure amid market challenges. The company secured $20.7…
Bankrupt Nikola Plans to Sell Entire Business by April: What This Means for the Future
Nikola, the electric trucking startup, is undergoing a major transition as it seeks to sell its operations amid Chapter 11 bankruptcy. During a recent Delaware…
Electric Truck Pioneer Nikola Files for Bankruptcy: What It Means for the EV Industry
Hydrogen electric trucking startup Nikola Corp. has filed for Chapter 11 bankruptcy protection due to struggles in securing funding and finding buyers, reflecting challenges in…
French E-Bike Startup Angell Faces Bankruptcy: What You Need to Know
French startup Angell, known for its smart electric bikes, has declared insolvency, marking a setback in its mission to innovate urban transportation. Founded in 2019,…
EV Startup Canoo Files for Bankruptcy: A Shocking End to Innovative Electric Vehicle Operations
Canoo, the electric vehicle startup, has filed for Chapter 7 bankruptcy and will cease operations immediately, liquidating its assets in Delaware. The company cited failed…
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