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2025-01-18
EV startup Canoo has filed for bankruptcy and stopped all operations
Canoo said on Friday night that it has filed for Chapter 7 bankruptcy and “will cease operations effective immediately,” after failing to secure enough funding to keep it going. The writing was on [...]
2025-12-15
iRobot has filed for bankruptcy and may be taken over by its primary supplier
iRobot, which brought robotic vacuum cleaners to the masses with its iconic Roomba models, has filed for Chapter 11 bankruptcy. The Massachusetts-based company plans to sell all assets to its primary [...]
2025-03-24
23andMe has filed for bankruptcy and CEO Anne Wojcicki has stepped down
DNA testing company 23andMe has filed for Chapter 11 bankruptcy, following a tumultuous few years that included significant layoffs and a wide-ranging data breach. It plans to find a buyer and continu [...]
2025-04-11
Lucid to buy Nikola's Arizona EV facilities after the latter's bankruptcy
Lucid Motors has announced that it's acquiring certain facilities in Arizona owned by Nikola, an EV truck maker that filed for Chapter 11 bankruptcy protection back in February. It will also offe [...]
2025-06-13
23andMe founder Anne Wojcicki will regain control of embattled DNA company after all
In a surprise twist, 23andMe founder and former CEO Anne Wojcicki is set to regain control of the DNA company's assets, according to a press release from 23andMe. In May, a company called Regener [...]
2025-05-01
Rivian R1S Gen 2 review: The rugged foundation of Rivian’s electric empire
Making electric cars from scratch is hard. Out of all the homegrown EV startups, Tesla is the only company that has broken through to the mainstream. Nikola was a scam. Canoo recently filed for bankru [...]
2025-12-26
Anthropic's AI kiosk agent bought a PlayStation 5, ordered a live fish, and drove itself to bankruptcy
The Wall Street Journal tested Anthropic's AI vendor - and watched it lose $1,000 in three weeks through giveaways, a PlayStation purchase, and a live fish order.<br /> The article Anthropi [...]
2025-05-07
Weight Watchers files for bankruptcy amid refocus on GLP-1 drugs
WeightWatchers (WW) announced Tuesday that it is filing for bankruptcy in an attempt to crawl out of more than $1 billion in debt. The news comes as the company is amid a refocus on prescribing weight [...]