Stability AI is laying off an unspecified number of employees as part of a restructuring process. The company will hold a town hall meeting Thursday (April...
CURO Group Holdings has filed for bankruptcy protection to implement the terms of a Restructuring Support Agreement (RSA) supported by about 74% of its lenders. The...
San Francisco-based digital freight startup, Flexport, has made a significant move in the logistics industry by acquiring Convoy, a Seattle-based trucking startup, according to media...
Alibaba, the Chinese eCommerce behemoth, is planning to expand its Tmall eCommerce site to Europe, according to Michael Evans, president of Alibaba Group. Speaking at...
Groupon will be eliminating another 500 jobs globally as it continues with its restructuring plans. The firm said in a filing with the Securities and...
Crypto mining firm Argo Blockchain has made transactions allowing it to continue operating. The firm said in a Wednesday (Dec. 28) press release that its subsidiary would...
Aiming to stave off bankruptcy, crypto miner Greenidge Generation is aiming to restructure its debt. The firm said in a Tuesday (Dec. 20) press release...
Whatever happens, Carvana’s downward spiral shows there’s no easy path to forging the connected economy. Wednesday, the stock in the beleaguered online car firm plummeted...
Elon Musk has reportedly told a court that he aims to finish an organizational restructuring of Twitter this week and eventually find a new leader for the...