Nikola, Electric Truck Maker, Files for Bankruptcy
The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a viable business.
The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a viable business.
Mr. Musk, one of President Trump’s main advisers, has not outlined a plan to reverse falling sales at the electric car company of which he is chief executive.
Tech start-ups typically raised huge sums to hire armies of workers and grow fast. Now artificial intelligence tools are making workers more productive and spurring tales of “tiny team” success.
"This is the kind of opportunity for industry transformation that really only comes about once every several decades," Alibaba's CEO told analysts.
The president’s company, Trump Media & Technology Group, represents a clear mingling of his official duties and his business interests.
Microsoft’s new “topological qubit” is not based on a solid, liquid or gas. It is another phase of matter that many experts did not think was possible.
The iPhone 16e is the first update to the company’s most affordable model since 2022, but carries a higher price tag of $599.
Humane, which marketed its Ai Pin as the next big thing after smartphones, had raised $240 million from investors, including OpenAI’s Sam Altman. The pin will be discontinued.
How did a successful, financially sophisticated banker gamble his community’s money away?