TuSimple, once a buzzy startup considered a leader in self-driving trucks, is trying to move its assets to China to fund a new AI-generated animation and video game business. The pivot has not only puzzled and enraged several shareholders, but also threatens to pull the company back into a legal…
Ryan Breslow’s $450M Bolt deal said to involve a restraining order now
Ryan Breslow’s plan to get himself reinstalled as CEO of fintech company Bolt — and push through a $ 450 million fundraising deal that would value the startup at a staggering $ 14 billion — has apparently stalled. According to Forbes, Breslow sent an email to shareholders thanking them for signing off on the deal. The problem is […]