K-Pop idols are known to celebrate their birthdays, often with a live broadcast for fans that includes decorations and a cake. Yet, idols often drop the cakes while showing them off. This happens so often that fans have become suspicious that it’s either a publicity stunt to create a viral moment or that those who […]
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 […]
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 […]