Bird has filed for Chapter 11 bankruptcy, capping off a turbulent year for the electric scooter company. In a press release today, Bird confirmed that it had entered into a “financial restructuring process aimed at strengthening its balance sheet,” with the company continuing to operate […]
Month: December 2023
Electric scooter company Bird files for bankruptcy
Bird has filed for Chapter 11 bankruptcy, capping off a turbulent year for the electric scooter company. In a press release today, Bird confirmed that it had entered into a “financial restructuring process aimed at strengthening its balance sheet,” with the company continuing to operate […]
Volkswagen, Porsche, Audi to adopt Tesla’s charging standard
The Volkswagen Group is the latest automaker to announce it will adopt Tesla’s so-called North American Charging Standard (NACS), marking one of the last major automakers to embrace what is now the de facto EV plug in the United States. The German giant said Tuesday […]
New generative AI-powered SaaS security expert from AppOmni
Users can ask the SaaS assistant security questions and receive, in plain language, critical data and remediation steps.
Epic won’t ban blockchain games over adults-only ratings
Illustration by Alex Castro / The Verge Blockchain games are returning to Epic Games’ marketplace. The Epic Games Store has a strict ban on games classified as “Adults Only” by the Entertainment Software Rating Board (ESRB) — normally games with excessive nudity or violence. But […]
ShareChat faces large valuation cut in new funding
ShareChat is in final stages of deliberations to secure about $50 million in new funding that trims the startup’s valuation to below $1.5 billion, according to two sources familiar with the matter. Existing backers including Temasek and Tencent are among the investors in advanced stages […]
Micromobility.com gets delisted from the Nasdaq
Micromobility.com, formerly Helbiz, was delisted from the Nasdaq on Monday as a result of the company’s noncompliance with the stock exchange’s listing rules, according to a regulatory filing. Competitor Bird — the only other shared micromobility company to brave the public markets — was also delisted […]
Microsoft Copilot users can now turn any idea into a song using AI
Microsoft has teamed up with Suno, an artificial intelligence startup focused on music composition, to give its Copilot software the ability to generate original songs from text prompts.
NLRB finds that eBay and subsidiary TCGPlayer engaged in union-busting practices
The National Labor Relations Board (NLRB) has found that eBay has violated the rights of unionized workers at TCGPlayer, a trading card marketplace owned by the company. This comes in response to charges filed by the Communications Workers of America back in March of this […]
SimSpace raises $45M to simulate tech stacks for cyber training
SimSpace, a startup that creates digital replicas of organizations’ tech and networking stacks for cybersecurity training, has raised $45 million in a funding round led by L2 Point Management. Bringing the company’s total raised to $70 million, the investment comes at an auspicious time for […]