Tesla has downsized by at least 14% this year after Elon Musk said layoffs would exceed 10%
Elon Musk speaking during the Tesla Annual Shareholder's meeting in Austin, Texas on June 13th, 2024. Source: Tesla Inc. Tesla's hefty downsizing ...
Tag: Venture capital
Nearly $109 million in deposits held for fintech Yotta’s customers vanished in Synapse collapse, bank says
Tsingha25 | Istock | Getty ImagesLedgers of the failed fintech middleman Synapse show that nearly all the deposits held for ...
Startup Kinetic rolls out robots to fix electric cars, and someday robotaxis
Kinetic cofounders: CEO Nikhil Naikal, CTO Sander Marques, COO Chris WeberCourtesy: Kinetic AutomationWhile electric vehicle demand is still increasing in ...
Inside Europe’s tech hubs: Does London have what it takes to remain No. 1?
The U.K. is the No. 1 country in Europe for tech by many accounts.In 2023, British startups raised $21.3 billion, ...
Tesla shareholders vote to reinstate Elon Musk’s $56 billion pay package
Tesla shareholders on Thursday voted to ratify CEO Elon Musk's mammoth 2018 pay plan, five months after a judge in ...
Robotics startup cofounded by Synapse CEO is raising funds with exaggerated claims about GM ties
3alexd | E+ | Getty ImagesA humanoid robotics startup cofounded by the CEO of bankrupt fintech firm Synapse has canvassed ...
Affirm buy now, pay later loans will be embedded into Apple Pay later this year
Chris Ratcliffe | Bloomberg | Getty ImagesApple device users will soon be able to tap into buy now, pay later ...
AI agents are having a ‘ChatGPT moment’ as investors look for what’s next after chatbots
Rafael Henrique | Lightrocket | Getty ImagesEarlier this year, financial services company Klarna said its artificial intelligence agent, powered by ...
Nadella, Narayen among tech CEOs investing in cricket’s American dream
Cricket may not be as popular a sport in the U.S. as elsewhere in the world, but some high-profile CEOs ...
Synapse bankruptcy trustee says $85 million of customer savings is missing in fintech meltdown
Jelena McWilliams, chair of the Federal Deposit Insurance Corporation (FDIC), during a Senate Banking, Housing, and Urban Affairs Committee hearing ...
