EV company Canoo agrees to $1.5M settlement with SEC

March 30, 2023

Electric vehicle startup Canoo has agreed to a $1.5 million settlement with the U.S. Securities and Exchange Commission, according to a regulatory filing. The SEC began investigating Canoo in May 2021, just a few months after the company merged with special purpose acquisition company Hennessy Capital Acquisition Corp. The investigation covered the Hennessy’s IPO and […]

EV company Canoo agrees to $1.5M settlement with SEC by Rebecca Bellan originally published on TechCrunch

Virgin Orbit burns up in uncontrolled descent

March 30, 2023

Virgin Orbit is laying off around 85% of its workforce in order to further reduce expenses, after the troubled space company said it was unable to secure additional funding to keep it afloat. The news, which Virgin Orbit filed with the U.S. Securities and Exchange Commission Thursday, comes just two weeks after the company furloughed […]

Virgin Orbit burns up in uncontrolled descent by Aria Alamalhodaei originally published on TechCrunch

Checkout.com’s new president is bullish on US expansion, says she ‘welcomes’ comparisons to Stripe

March 30, 2023

Stripe competitor Checkout.com announced last month that Céline Dufétel was appointed as its new president. She had previously served as the London-based fintech startup’s CFO and COO for about 18 months before her promotion. In her expanded role, which still includes serving as the company’s COO, Dufétel oversees all operational and go-to-market teams, including finance […]

Checkout.com’s new president is bullish on US expansion, says she ‘welcomes’ comparisons to Stripe by Mary Ann Azevedo originally published on TechCrunch

Audible is testing ad-supported access to select titles for non-members

March 30, 2023

Audible is testing ad-supported access to select titles for non-members, the Amazon-owned audiobook company revealed on a help page on its website. The company confirmed to TechCrunch that the test is very limited and does not apply to paid members. The news was first reported by Marketing Brew. The move indicates that the company may […]

Audible is testing ad-supported access to select titles for non-members by Aisha Malik originally published on TechCrunch