Around 550 employees across autonomous vehicle company Motional have been laid off, according to information taken from WARN notice filings and sources at the company. Earlier this week, TechCrunch reported that Motional is pausing commercial operations and delaying plans to launch a robotaxi service with its next-gen Hyundai Ioniq 5 robotaxis until 2026 as it…
Just because a retailer has a dedicated fanbase does not mean that the company has a bright future…
Dallas-based toy company filed for a prepackaged Chapter 11 bankruptcy with a plan to sell its assets…
StrictlyVC events deliver exclusive insider content from the Silicon Valley & Global VC scene while creating meaningful connections over cocktails and canapés with leading investors, entrepreneurs and executives. And TechCrunch is excited to join forces with key players in the London investment community at our next StrictlyVC event. We’re pleased to have Saul Klein, Co-Founder…
Meesho, a leading e-commerce startup in India with about 150 million transacting users, has secured $275 million in a new funding round, the company disclosed in a securities filing. The new funding is part of a larger financing round that is likely to include secondary transactions and balloon to over $500 million, people familiar with…
Japan economy expected to shrink in Q1 due to weak consumption
Senator Warren chides US Treasury for slow progress in tackling racial discrimination
US judge halts rule capping credit card late fees at $8
Global stocks rally, Europe at record highs, dollar gains
Inflation data next week could mark the start of the end of upside surprises: MS
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