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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

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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