Browsing: bankruptcy

DNA 23AndME testing service are deposited for bankruptcy protection on March 16, raising concerns about what could happen to the company’s 15 million customers’ genetic data.…

Nikola trucking electric trucks hopes to sell what is left of its entire business already in April, company lawyers told a judge on Thursday at the…

Hydrogen electric truck Nikola Corp. Filed for Chapter 11 Bankruptcy Protection Wednesday, after failing to find a buyer or secure additional funds for business maintenance. Nikola…

Seven-year-old electric vehicle startup Canoo filed for bankruptcy and will “Stop the business immediately.” The company is liquidating its assets in a Chapter 7 proceeding in…

Fisker Group Inc., the EV startup founded by famed designer Henrik Fisker, has filed for Chapter 11 bankruptcy protection — the culmination of months of problems…

Fisker is just days into its Chapter 11 bankruptcy, and the battle for its assets has already charged, with a lawyer claiming the startup is liquidating…

Fisker has been facing “potential financial distress” since last August, according to a new filing in Chapter 11 bankruptcy proceedings the EV startup filed earlier this…

Two years ago, an employee at Fisker Inc. told me that the most pressing concern at the EV startup wasn’t whether its Ocean SUV would be…

The outlook for troubled banking startup Synapse has gone from bad to worse this week after a United States administrator filed for emergency relief on Wednesday.…

Apple on Thursday reported a 10% drop in iPhone sales for the second fiscal quarter, down from $51.33 billion to $45.96 billion, year over year. The…