While everyone knows the “Big 4” companies — SM Entertainment, JYP Entertainment, HYBE, and YG Entertainment — this does not mean no other companies have made a name for themselves in the industry. For example, Cube Entertainment has debuted groups like BTOB and (G)I-DLE, among many others. (G)I-DLE | Cube Entertainment One such company is […]
Lordstown Motors comes out of bankruptcy with a new name to fight Foxconn
Lordstown Motors has emerged from bankruptcy with a new name and a nearly-singular focus: continuing its lawsuit against iPhone-maker Foxconn for allegedly “destroying the business of an American startup.” The company announced in a late Thursday regulatory filing that it has put into effect a Chapter 11 restructuring plan that was recently approved by the […]
Cake sought deals with Harley-Davidson, automakers before bankruptcy
Electric motorcycle company Cake held talks with Harley-Davidson and other automakers in 2023 as it fought to stay alive, founder and CEO Stefan Ytterborn told TechCrunch in an interview Tuesday. The talks, which have not been previously reported, ultimately did not pan out for the Swedish startup, which slid into bankruptcy last week. Still, Ytterborn […]
Motional loses a backer, another micromobility bankruptcy and a mobility startup unicorn is born
TechCrunch Mobility is a weekly newsletter dedicated to all things transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to TechCrunch Mobility – your central hub for news and insights on the future of transportation. This week, read about autonomous vehicle company […]
Boutique e-motorcycle startup Cake files for bankruptcy
Electric motorcycle startup Cake filed for bankruptcy February 1, CEO Stefan Ytterborn has confirmed to TechCrunch. The Swedish company was in the middle of a funding round, just prior to the filing, but apparently the withdrawal of an investor was what tipped the company over the edge, according to Swedish media reports. Ytterborn declined to […]