Battery unicorn Northvolt files for bankruptcy, upending Europe’s industrial plan | TechCrunch
The company chose Chapter 11 in an effort to right its listing finances.
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The company chose Chapter 11 in an effort to right its listing finances.
© 2024 TechCrunch. All rights reserved. For personal use only.
Amazon said on Tuesday that it will let Amazon Music Unlimited subscribers access one audiobook per month from Audible’s catalog for free. This move aims to counter Spotify’s growth in the audiobook space and also nudge some Amazon Music subscribers to purchase Audible books or plans. The company noted that subscribers of the top plan […]
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Equal, an Indian startup founded by Keshav Reddy, has raised $10M in its maiden funding round led by Prosus Ventures to scale identity verification and financial data sharing.
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A new data bill from the U.K. Department for Science, Innovation and Technology (DSIT) aims to revive several measures that failed to pass under the prior government, while rowing back on some controversial post-Brexit reforms proposed by conservative ministers. The government reckons the “Data (Use and Access) Bill” (DUA) stands to boost the U.K. economy […]
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Fisker’s plan to liquidate its assets has been accepted by the bankruptcy court in Delaware. And with it, the issue of who should pay for labor costs associated with a pair of recalls on the bankrupt EV startup’s SUVs is finally settled. Fisker has also reached a deal with American Lease, the buyer of its […]
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Matt Mullenweg, the WordPress co-founder and Automattic CEO, has been embroiled in a very public and legal fight with WP Engine these last few weeks over the use of WordPress as a trademark and fees Automattic believes WP Engine owes to the WordPress project — sparring that has resulted in WP Engine issuing legal demands […]
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The U.S. Department of Justice says bankrupt EV startup Fisker’s plan to make owners pay for labor costs related to multiple recalls is illegal, according to a new filing. The DOJ, writing on behalf of the National Highway Traffic Safety Administration (NHTSA), said in a filing submitted to Fisker’s bankruptcy docket Monday that the “scheme” […]
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There are many hypotheses about what capabilities will need to come online for the growing space industry to flourish, but two of the biggest concern in-space mobility and in-space refueling. To have a fully independent space economy, proponents argue, we’ll need to be able to move satellites around in space and we’ll need a way […]
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