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Robotic Automations

TuSimple co-founder demands liquidation, sues company for control of his shares | TechCrunch

November 27, 2024 10:26 PM0


Xiaodi Hou, the co-founder and former CEO of self-driving truck startup TuSimple, is demanding that the board immediately liquidate the company and return all remaining funds – roughly $450 million – to shareholders “on a pure pro-rata basis, regardless of share class,” according to a letter that TechCrunch has viewed.  Hou is also suing TuSimple […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

Robotic Automations

Cruise fesses up, Pony AI raises its IPO ambitions, and the TuSimple drama dials back up | TechCrunch

November 22, 2024 12:31 AM0


Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! President-elect Trump has wasted little time picking cabinet members, including naming former Wisconsin Rep. Sean Duffy as the next secretary of transportation. If Duffy’s appointment is confirmed […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

Robotic Automations

Former TuSimple co-founder urges courts to block asset transfer to China | TechCrunch

November 19, 2024 12:53 AM0


Xiaodi Hou, the co-founder and former CEO of self-driving trucking startup TuSimple, has urged a California district court to issue a temporary restraining order to stop the company from transferring its remaining U.S. assets to China, according to a recent court filing. Hou, who plans to apply for a temporary restraining order in December during […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

Robotic Automations

Former TuSimple co-founder urges courts to block asset transfer to China | TechCrunch

November 16, 2024 5:17 AM0


Xiaodi Hou, the co-founder and former CEO of self-driving trucking startup TuSimple, has urged a California district court to issue a temporary restraining order to stop the company from transferring its remaining U.S. assets to China, according to a recent court filing. Hou, who plans to apply for a temporary restraining order in December during […]

© 2024 TechCrunch. All rights reserved. For personal use only.


Software Development in Sri Lanka

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