December 2023

Electric scooter company Bird files for bankruptcy

December 20, 2023

Bird has filed for Chapter 11 bankruptcy, capping off a turbulent year for the electric scooter company. In a press release today, Bird confirmed that it had entered into a “financial restructuring process aimed at strengthening its balance sheet,” with the company continuing to operate as normal in pursuit of “long-term, sustainable growth.” Founded in […]

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ShareChat faces large valuation cut in new funding

December 20, 2023

ShareChat is in final stages of deliberations to secure about $50 million in new funding that trims the startup’s valuation to below $1.5 billion, according to two sources familiar with the matter. Existing backers including Temasek and Tencent are among the investors in advanced stages of talks to invest in the new round, the sources […]

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Micromobility.com gets delisted from the Nasdaq

December 19, 2023

Micromobility.com, formerly Helbiz, was delisted from the Nasdaq on Monday as a result of the company’s noncompliance with the stock exchange’s listing rules, according to a regulatory filing. Competitor Bird — the only other shared micromobility company to brave the public markets — was also delisted from the stock exchange in September. The company’s common stock […]

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Tesla requests pause in federal racial bias lawsuit as it wraps up other cases

December 19, 2023

Tesla wants to pause a federal agency’s lawsuit against the automaker for racial bias against its Black workers at its Fremont assembly plant. The electric vehicle maker, in a filing in San Francisco federal court Monday, accused the U.S. Equal Employment Opportunity Commission (EEOC) of rushing to file a lawsuit in September against Tesla as […]

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9 Research Tips Every Nonfiction Author Needs to Know

December 19, 2023
Thorough research is crucial to writing authoritative nonfiction books. By investing substantial time in comprehensive research using credible sources, authors can back up their perspectives and narratives persuasively.