It was a very busy week in the world of fintech, which certainly kept us on our toes. We covered a couple of notable M&A deals (including one of the biggest of the year so far), a different kind o
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James Khatiblou, the owner and CEO of Onyx Motorbikes, was watching his e-bike startup fall apart. Onyx was being evicted from its warehouse in El Segundo, Los Angeles. The company’s unpaid bills were stacking up. His chief operating officer had abruptly resigned. A shipment of around 100 CTY2 dirt bikes from Chinese supplier Suzhou Jindao…
Meta will soon officially permit users as young as 10 to use its Meta Quest 2 and 3 VR headsets — if their parents say it’s okay, anyway. In a blog post, the tech giant says that there’s Nikola Corp. is laying off 270 employees, or about 23% of its workforce, and restricting its electric truck efforts to North America as it seeks to preserve cash. The company said Friday it will lay o
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