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Tag: founder

Robotic Automations

Faraday Future founder named co-CEO three years after being sidelined by internal probe | TechCrunch



Troubled electric vehicle startup Faraday Future’s board of directors has appointed founder Jia Yueting as the company’s co-CEO, three years after he was sidelined following an internal probe into allegations of fraud — a probe that led to a investigation by the Securities and Exchange Commission that remains ongoing. Jia will serve alongside current CEO […]


Software Development in Sri Lanka

Robotic Automations

Girls Who Code founder Reshma Saujani spills business tea with Meghan, Duchess of Sussex | TechCrunch



Reshma Saujani, founder of the nonprofit Girls Who Code, got straight to the point.  “If I had applied to be the CEO of Girls Who Code, I wouldn’t have gotten the job,” she told Meghan, Duchess of Sussex, on the latest episode of the duchess’ podcast, “Confessions of a Female Founder.” “I didn’t code,” Saujani […]


Software Development in Sri Lanka

Robotic Automations

Nikola founder Trevor Milton accused of trying to derail bankruptcy case | TechCrunch



A court hearing on the sale of bankrupt electric truck startup Nikola’s assets to Lucid Motors was going smoothly on Friday. No objections had been filed to the transaction, and Delaware bankruptcy judge Thomas Horan verbally approved it without hesitation. Until, that is, a lawyer piped up on the Zoom call toward the end of […]


Software Development in Sri Lanka

Robotic Automations

Fintech founder charged with fraud after ‘AI’ shopping app found to be powered by humans in the Philippines | TechCrunch



Albert Saniger, the founder and former CEO of Nate, an AI shopping app that promised a “universal” checkout experience, was charged with defrauding investors on Wednesday, according to a press release from the U.S. Department of Justice. Founded in 2018, Nate raised over $50 million from investors like Coatue and Forerunner Ventures, most recently raising […]


Software Development in Sri Lanka

Robotic Automations

How a hydrogen explosion led a teenage founder to become Sequoia’s first defense tech investment | TechCrunch



As Sequoia Capital’s first defense tech investment, Mach Industries is an industry darling, raising over $80 million since its founding in 2023. Its founder, Ethan Thornton, now 21, began Mach as a teenage MIT student before dropping out to focus full-time on his startup. But a few months before landing a seed investment from Sequoia […]


Software Development in Sri Lanka

Robotic Automations

Nikola founder Trevor Milton wants to buy the bankrupt startup’s assets | TechCrunch



Nikola founder Trevor Milton, who was recently pardoned after being convicted of securities fraud, is trying to buy the assets of his former company out of bankruptcy, according to new court filings and a person familiar with the matter. Nikola filed for Chapter 11 bankruptcy protection in February and has said it hopes to sell […]


Software Development in Sri Lanka

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