Fisker has been given the green light by a bankruptcy judge to sell more than 3,000 of its Ocean SUVs to a vehicle leasing company, a deal that will net the defunct EV startup a maximum of $ 46.25 million. The approval of the sale clears the way for the rest of Fisker’s bankruptcy process […]
Fisker asks bankruptcy court to sell its EVs at average of $14,000 each
Fisker has a willing buyer for its remaining inventory of all-electric Ocean SUVs, and has asked the Delaware Bankruptcy Court judge overseeing its Chapter 11 case to approve the sale. If approved by the judge, Fisker would be able to offload 3,321 finished EVs to a New York-based vehicle leasing company for $ 46.25 million. […]
Rohlik rolls up $170M to expand in European grocery delivery and sell its tech to others
The salad days of fresh grocery delivery startups are over, but those that have stayed the course, and have built businesses that are seeing gains, are still here and are hungry for more growth. On Friday, one of those survivors, the Czech grocery delivery company Rohlik, announced $ 170 million in new funding. Rohlik – […]
Dappier is building a marketplace for publishers to sell their content to LLM builders
When Napster emerged in the late 1990s, it made it easy for people to grab music files without compensating the content owners.The iPod and the iTunes music store changed that by allowing artists or publishers to get paid for reusing their content in a digital context. Fast forward to today, and there are companies scraping […]
Circular will pay competitor Oura royalties to sell its smart ring in the US
Smart ring makers Oura and Circular Tuesday announced a settlement in an ongoing patent suit. The agreed-upon terms find the French company entering into a multi-year agreement with Oura, wherein it will license the market leader’s intellectual property for devices sold in the U.S. Financial details of the agreement have been kept confidential. Oura has […]