#bankruptcy

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#builderai
Artificial intelligence
fromTheregister
2 days ago

Builder.ai coded itself into a corner - now it's bankrupt

Builder.ai's bankruptcy highlights the potential pitfalls in heavily relying on AI tools for coding, especially when human expertise is overshadowed.
fromSilicon Canals
18 hours ago
London startup

UK's Builder.ai collapses: Microsoft-backed AI startup files for bankruptcy after revenue overstatement and lender action - Silicon Canals

Artificial intelligence
fromTheregister
2 days ago

Builder.ai coded itself into a corner - now it's bankrupt

Builder.ai's bankruptcy highlights the potential pitfalls in heavily relying on AI tools for coding, especially when human expertise is overshadowed.
fromSilicon Canals
18 hours ago
London startup

UK's Builder.ai collapses: Microsoft-backed AI startup files for bankruptcy after revenue overstatement and lender action - Silicon Canals

#publishers-clearing-house
Media industry
fromMoneywise
1 day ago

Publishers Clearing House is now sending 281,000-plus consumers refunds worth $18.5 million after FTC finds sweepstakes company targeted vulnerable Americans with 'deceptive' practices

PCH is accused of misleading low-income and older consumers regarding sweepstakes rules and purchases.
fromAol
1 day ago
Media industry

Publishers Clearing House issuing consumer refunds worth $18.5M after FTC finds it used 'deceptive' practices

Media industry
fromMoneywise
1 day ago

Publishers Clearing House is now sending 281,000-plus consumers refunds worth $18.5 million after FTC finds sweepstakes company targeted vulnerable Americans with 'deceptive' practices

PCH is accused of misleading low-income and older consumers regarding sweepstakes rules and purchases.
fromAol
1 day ago
Media industry

Publishers Clearing House issuing consumer refunds worth $18.5M after FTC finds it used 'deceptive' practices

Silicon Valley food
fromEater SF
1 day ago

Why a San Francisco Mini-Chain of Italian Restaurants Just Filed for Bankruptcy

Fiorella restaurants in San Francisco filed for Chapter 11 bankruptcy but continue operations, ensuring their presence remains stable.
#clergy-abuse
#leadership-changes
fromTasting Table
1 month ago
Cocktails

Red Lobster Signature Cocktails, Ranked Worst To Best - Tasting Table

Red Lobster is adjusting its strategy under new leadership to survive post-bankruptcy.
#retail
SF real estate
fromwww.mercurynews.com
2 weeks ago

Rite Aid returns to bankruptcy protection, seeks to sell most assets

Rite Aid is seeking Chapter 11 bankruptcy protection to sell most of its assets and transfer customer prescriptions during the process.
SF real estate
fromwww.mercurynews.com
2 weeks ago

Rite Aid returns to bankruptcy protection, seeks to sell most assets

Rite Aid is seeking Chapter 11 bankruptcy protection to sell most of its assets and transfer customer prescriptions during the process.
#asset-sale
fromFast Company
2 days ago
SF real estate

Which Rite Aid stores were bought by CVS? As locations close, some landlords object to secretive bidding

fromFast Company
2 days ago
SF real estate

Which Rite Aid stores were bought by CVS? As locations close, some landlords object to secretive bidding

#electric-vehicles
#financial-struggles
Wellness
fromNew York Post
2 weeks ago

WeightWatchers files for bankruptcy amid rising use of Ozempic, other obesity drugs

WW International has filed for Chapter 11 bankruptcy due to rising competition from obesity drugs that undermined its traditional business model.
fromBuzzFeed
1 month ago
Mental health

"Bankruptcy Isn't A Moral Failing; It's A Societal One": People Who Lost All Their Money Are Sharing What Happened

fromFast Company
2 weeks ago
Startup companies

Report: Rite Aid's 2nd bankruptcy is imminent amid reports of more store closures and layoffs

fromFast Company
2 weeks ago
Retirement

Rite Aid bankruptcy: What to know about store closings, prescription transfers, layoffs, gift cards, and more

Wellness
fromNew York Post
2 weeks ago

WeightWatchers files for bankruptcy amid rising use of Ozempic, other obesity drugs

WW International has filed for Chapter 11 bankruptcy due to rising competition from obesity drugs that undermined its traditional business model.
fromBuzzFeed
1 month ago
Mental health

"Bankruptcy Isn't A Moral Failing; It's A Societal One": People Who Lost All Their Money Are Sharing What Happened

fromFast Company
2 weeks ago
Startup companies

Report: Rite Aid's 2nd bankruptcy is imminent amid reports of more store closures and layoffs

fromFast Company
2 weeks ago
Retirement

Rite Aid bankruptcy: What to know about store closings, prescription transfers, layoffs, gift cards, and more

#hydrogen-trucks
NYC startup
fromInsideEVs
4 days ago

Want A Nikola Hydrogen Truck? Now's Your Chance

Nikola Motors has filed for bankruptcy, selling hydrogen trucks but facing credibility issues and infrastructure challenges.
#23andme
fromZDNET
4 days ago
Privacy technologies

A drug developer is buying 23andMe - what does that mean for your DNA data?

fromBusiness Insider
4 days ago
Startup companies

23andMe was once worth $6 billion. What's left of the DNA testing startup is being bought for $256 million.

EU data protection
fromBusiness Insider
4 weeks ago

These are the 10 questions Congress has for 23andMe amid its bankruptcy sale

Congress investigates 23andMe's bankruptcy due to privacy concerns regarding user data.
23andMe seeks a buyer, ensuring compliance with privacy policies during the sale.
Privacy technologies
fromZDNET
4 days ago

A drug developer is buying 23andMe - what does that mean for your DNA data?

23andMe is being acquired by Regeneron after a data breach and bankruptcy, ensuring continued operations while aiming to secure customer data.
Marketing tech
fromwww.cbc.ca
4 days ago

Bankrupt DNA testing company 23andMe to be bought by Regeneron | CBC News

Regeneron acquires 23andMe for $256 million amid bankruptcy proceedings.
The acquisition promises compliance with customer data privacy regulations.
Startup companies
fromBusiness Insider
4 days ago

23andMe was once worth $6 billion. What's left of the DNA testing startup is being bought for $256 million.

Regeneron Pharmaceuticals is acquiring 23andMe's assets for $256 million following the company's bankruptcy.
#pharmaceuticals
Marketing tech
fromwww.theguardian.com
4 days ago

Bankrupt DNA testing firm 23andMe to be purchased for $256m

Regeneron Pharmaceuticals is acquiring 23andMe for $256 million amidst bankruptcy proceedings, focusing on customer data protection.
fromTechCrunch
4 days ago
Marketing tech

Pharma giant Regeneron to buy 23andMe and its customers' data for $256M | TechCrunch

Marketing tech
fromwww.theguardian.com
4 days ago

Bankrupt DNA testing firm 23andMe to be purchased for $256m

Regeneron Pharmaceuticals is acquiring 23andMe for $256 million amidst bankruptcy proceedings, focusing on customer data protection.
fromTechCrunch
4 days ago
Marketing tech

Pharma giant Regeneron to buy 23andMe and its customers' data for $256M | TechCrunch

#weightwatchers
NYC startup
fromABC7 Los Angeles
2 weeks ago

WeightWatchers files for bankruptcy

WeightWatchers has filed for Chapter 11 bankruptcy to restructure its debt and adapt to emerging weight loss methods, ensuring continued operations for members.
NYC startup
fromABC7 Los Angeles
2 weeks ago

WeightWatchers files for bankruptcy

WeightWatchers has filed for Chapter 11 bankruptcy to restructure its debt and adapt to emerging weight loss methods, ensuring continued operations for members.
fromSFGATE
4 days ago

Bay Area biotech company, after raising $392M, forced into bankruptcy

Synthego's bankruptcy filing marks a significant downturn for the biotech startup, which had previously thrived on substantial funding and rapid growth.
NYC startup
#nostalgia
#real-estate
fromRAIN News
1 week ago

AccuRadio Seeks Chapter 11 Protection, Citing Broken Royalty System and SoundExchange Litigation

AccuRadio has spent almost 25 years building an innovative and well-loved music streaming service while facing royalty obligations that climbed to levels that seem to suggest the system is rigged, perhaps inadvertently, against small and midsize streamers.
SF music
fromBusiness Insider
1 week ago

Hulk Hogan's beer brand is eyeing a takeover of the Hooters name

If a bid was successful, it would allow Hogan and Real American Beer to create Hooters-branded merchandise, such as food and beverages, that it could distribute at restaurants, including Hooters locations, as well as at retailers and entertainment and gaming venues.
Beer
#financial-recovery
fromSun Sentinel
2 weeks ago
Miami Marlins

Silver Airways' receives 'stalking horse' $5.775M bid to take the regional carrier out of bankruptcy

fromSun Sentinel
2 weeks ago
Miami Marlins

Silver Airways' receives 'stalking horse' $5.775M bid to take the regional carrier out of bankruptcy

fromCbsnews
1 week ago

Thousands struggling to get solar panels fixed after company's bankruptcy. How the new CEO is trying to help

The bankruptcy of SunPower left thousands of customers like the Pinneris without support for their solar systems, leading to frustration and skyrocketing electric bills.
NYC startup
Bicycling
fromBikemag
1 week ago

Revel Cycles Goes On the Auction Block as Massive Bike Sale Continues

Revel Cycles is set to auction all assets on May 20 owing to financial struggles.
The company cites $8 million debt and unsuccessful products as reasons for closure.
#rite-aid
fromFast Company
1 week ago
NYC startup

Rite Aid closing stores update: See the list of 68 pharmacy locations that will shutter across 7 states

fromFast Company
1 week ago
Startup companies

Rite Aid really doesn't want you to transfer your prescription to another pharmacy while it tries to sell itself

fromFast Company
2 weeks ago
SF real estate

Rite Aid store closings update: See the list of pharmacy locations that will shutter first after bankruptcy

fromFast Company
1 week ago
NYC startup

Rite Aid closing stores update: See the list of 68 pharmacy locations that will shutter across 7 states

fromFast Company
1 week ago
Startup companies

Rite Aid really doesn't want you to transfer your prescription to another pharmacy while it tries to sell itself

fromFast Company
2 weeks ago
SF real estate

Rite Aid store closings update: See the list of pharmacy locations that will shutter first after bankruptcy

Privacy professionals
fromDatabreaches
1 week ago

Department of Justice says Berkeley Research Group data breach may have exposed information on diocesan sex abuse survivors

A data breach at Berkeley Research Group exposed data of Catholic clergy abuse survivors involved in bankruptcy lawsuits.
SF real estate
fromwww.mercurynews.com
2 weeks ago

Bay Area lender claims bankruptcy, citing $70 million in liabilities

A San Rafael lending business enters bankruptcy, leaving local investors worried about financial losses.
Many creditors are facing severe losses due to the company's liabilities exceeding its assets.
#ozempic
Wearables
fromFuturism
2 weeks ago

Weight Watchers Goes Bankrupt After Rise of Ozempic-Like Drugs

Ozempic's popularity is reshaping the diet industry, severely affecting companies like Weight Watchers.
Wellness
fromwww.cbc.ca
2 weeks ago

WeightWatchers files for bankruptcy after weight-loss drugs capsized industry | CBC News

WW International has filed for Chapter 11 bankruptcy to reduce its debt due to competition from new obesity medications.
fromTheartnewspaper
2 weeks ago

Five years on from bankruptcy, Unseen photo fair returns to Amsterdam

"Since the takeover, we've worked on rebuilding the event step by step. That has meant reestablishing relationships with galleries and partners. The goal has been to secure a stable future for the fair, both structurally and artistically."
Renovation
fromBuzzFeed
2 weeks ago

13 Celebs Who Had Poor Money Management And Lost It All (And How)

Nicolas Cage lost much of his fortune through extravagant purchases, including an octopus and a dinosaur skull, eventually owing the IRS $6.3 million.
Independent films
fromwww.independent.co.uk
3 weeks ago

Landlord received 25,000 Covid loan despite pub closing before pandemic

Gary Wright, who was bankrupt before the pandemic, fraudulently applied for a COVID relief loan for his closed pub, receiving a suspended sentence.
London politics
Startup companies
fromTechCrunch
3 weeks ago

Troubled startup CaaStle is now facing two new lawsuits and more allegations | TechCrunch

CaaStle faces lawsuits for financial misconduct and fraud, including allegations from partners over unpaid dues and misleading financial practices.
Boston food
fromBoston.com
3 weeks ago

More Bertucci's locations in Mass. close after chain files for bankruptcy again

Bertucci's restaurant chain is closing more locations in Massachusetts due to a recent bankruptcy filing.
#spirit-airlines
#tgi-fridays
Food & drink
fromBusiness Insider
1 month ago

TGI Fridays' CEO shares 4 ways he's prepping the company for a comeback after its bankruptcy filing

Ray Blanchette is focused on revitalizing TGI Fridays post-bankruptcy through menu innovation and appealing to younger demographics.
Food & drink
fromBusiness Insider
1 month ago

TGI Fridays' CEO shares 4 ways he's prepping the company for a comeback after its bankruptcy filing

Ray Blanchette is focused on revitalizing TGI Fridays post-bankruptcy through menu innovation and appealing to younger demographics.
fromNew York Post
1 month ago

GameStop CEO Ryan Cohen loses bid to toss lawsuit accusing him of raking in $47M in profit from Bed Bath & Beyond stake sale

Cohen’s team claims he was unaware he exceeded the 10% threshold when investing, citing a lack of knowledge about the retailer's repurchase program.
NYC startup
Portland food
fromEater Portland
1 month ago

Vancouver Shari's Location Transforms Into Shake Shack

Shake Shack opens its fourth Portland location, enhancing late-night dining options.
Okta will reopen in May under new leadership with a creative tasting menu.
House Spirits Distillery files for Chapter 11 bankruptcy amid financial struggles.
Kitchen Table magazine seeks support for its upcoming issue focused on community and food.
#retail-industry
Fashion & style
fromNew York Post
1 month ago

It's the last day to use Forever 21 gift cards before they expire as fast-fashion retailer goes out of business

Forever 21 is closing and will only honor gift cards through the end of the day Tuesday.
Fashion & style
fromNew York Post
1 month ago

It's the last day to use Forever 21 gift cards before they expire as fast-fashion retailer goes out of business

Forever 21 is closing and will only honor gift cards through the end of the day Tuesday.
fromSun Sentinel
1 month ago

Spirit Airlines names new CEO from discounter Sun Country Airlines

David Davis, a seasoned airline executive with a solid track record, is set to lead Spirit Airlines’ transformation following its exit from bankruptcy.
Startup companies
#burger-king
Business
fromNew York Post
1 month ago

Burger King franchisee with 57 locations files for bankruptcy after owing $37M to creditors

High labor costs and inflation led to the bankruptcy of a major Burger King franchisee operating 57 restaurants.
fromFast Company
1 month ago
Business

Major Burger King franchisee files for Chapter 11 bankruptcy after closing 18 restaurants in Florida and Georgia

Business
fromNew York Post
1 month ago

Burger King franchisee with 57 locations files for bankruptcy after owing $37M to creditors

High labor costs and inflation led to the bankruptcy of a major Burger King franchisee operating 57 restaurants.
fromFast Company
1 month ago
Business

Major Burger King franchisee files for Chapter 11 bankruptcy after closing 18 restaurants in Florida and Georgia

fromMiami Herald
1 month ago

UM booster John Ruiz's company says it could close within a year

Almost certainly, the company is going to be going out of business,
Miami Marlins
Wellness
fromThe Drum
1 month ago

GLP-1 didn't just upend Weight Watchers. It's exposing a wider brand dilemma

Weight Watchers files for bankruptcy, signaling a shift in weight loss approaches due to the rise of GLP-1 drugs.
fromwww.mercurynews.com
1 month ago

Dear Abby: What's the deadline for telling my partner I'm pregnant?

"Tell your partner now, so you both can begin planning how to integrate this new little person into your household. If his reaction is positive, it will be the beginning of a happy journey."
Parenting
fromTechCrunch
1 month ago

Nikola founder Trevor Milton wants to buy the bankrupt startup's assets | TechCrunch

Trevor Milton, recently pardoned after a securities fraud conviction, is attempting to buy Nikola's assets in bankruptcy proceedings, facing resistance from the company.
Fundraising
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