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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

7 well-known companies that filed for bankruptcy this year

From Claire’s to Rite Aid, big-name brands are seeking Chapter 11 protection as U.S. corporate bankruptcies hit their highest level since 2010. [...]

Walgreens once ruled. Then came Amazon, Theranos — and some costly bets

Walgreens, once a cornerstone of American retail, has faced a dramatic fall from grace.Read more... [...]

iRobot files for bankruptcy and goes to Chinese supplier

Robot vacuum pioneer iRobot has filed for bankruptcy and plans to hand control to its main Chinese supplier, Shenzhen PICEA Robotics.<br /> The article iRobot files for bankruptcy and goes to Ch [...]

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 [...]