Another grim stage for VanMoof, the e-bike startup backed by venture capitalists to the tune of hundreds of millions of dollars. After making a last-hour effort to stave off bankruptcy last week, the court of Amsterdam has taken the step of officially declaring bankruptcy for the company’s Dutch legal entities, VanMoof Global Holding B.V., VanMoof…
Michelle Swan Contributor Michelle Swan is a partner at Tercera and is responsible for marketing and content, the advisor and portfolio experience, and guiding portfolio companies on go-to-market and brand strategies. Most board directors intuitively understand that marketing is an important part of any company’s growth engine. It not only feeds the near-term sales engine,…
Tesla’s directors will return $735 million to the company to settle claims from shareholders that they excessively overpaid themselves, according to a Monday court filing. The settlement concludes a 2020 lawsuit from a retirement fund that holds Tesla stock. The Police and Fire Retirement System of the City of Detroit had criticized stock options granted…
Everyone seems to be buying a mechanical keyboard company these days. Corsair has one-upped them all by buying its own mechanical keyboard company. The Fremont, California-based peripheral maker today announced that it’s acquiring “certain assets” from Drop for an undisclosed, all-cash deal. “Drop has been acquired by Corsair,” Drop CEO Jef Holove wrote in a…
Driving financial inclusion through digital payment methods is among the top priorities for the governments of Africa’s biggest tech ecosystems where cash is still king. Several initiatives launched by these governments have increased the number of banked citizens in their respective countries. In Egypt, for instance, platforms like Fawry and InstaPay — tapped into the…
Tesla over the weekend said its first much anticipated Cybertruck came off the electric vehicle maker’s production line in Texas. The debut of the long-delayed, futuristic-looking pickup truck comes in the lead up to Tesla’s second quarter 2023 earnings call. Tesla CEO Elon Musk first introduced the Cybertruck in 2019, but vehicle production has repeatedly…
Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Your usual host Kirsten Korosec is off having a glorious vacation, so I will be doing the roundup this week. As the EV revolution takes hold, one problem keeps plaguing automakers:…
And it probably won’t eliminate truly creative jobs In the late 1950s and early 1960s, a group of artists and writers stayed at a run-down hotel in Paris that came to be known as the The Beat Hotel. Their proximity to one another produced some incredibly creative artistic cross-pollination. The Beat-generation creatives living there were…
Hey, friends — welcome to Week in Review (WiR), TechCrunch’s regular roundup of the week in tech. If life’s gotten in the way of following the major stories on TC, don’t sweat it. You’ve come to the right place. In this edition, we cover the 19-year-old MIT dropout “replacing gunpowder” for the defense industry, as…
Hey, friends — welcome to Week in Review (WiR), TechCrunch’s regular roundup of the week in tech. If life’s gotten in the way of following the major stories on TC, don’t sweat it. You’ve come to the right place. In this edition, we cover the 19-year-old MIT dropout “replacing gunpowder” for the defense industry, as…
