A decade ago, both Fisker Automotive and Coda sold themselves off to other buyers in their Chapter 11 restructurings.
Now known as Nu Ride Inc., the reconstituted version of Lordstown Motors will also pursue “potential business combinations,” though it did not say what kinds of mergers it is seeking.
It sold the former General Motors factory it once owned to Foxconn; the assets related to its electric pickup truck were snapped up by Lordstown founder Steve Burns.
Lordstown Motors sued Foxconn in June 2023 when it initially filed for bankruptcy protection.
Lordstown’s lawsuit has more or less been on hold while the Chapter 11 proceedings played out.
Simply put, Tierra is enabling customers to order proteins online that can make anything from antibodies to growth factor for a food product.
Its reagents are combined with the customer’s protein sequences, and put into a robotic platform to create the proteins.
We profiled Tierra Biosciences in 2018 after it rebranded from Synvitrobio and raised $2.6 million in new financing.
Prior to joining the company, Nemzek was chief commercial officer at Synthego Corp. where he led the commercial expansion and growth of its CRISPR genome engineering business.
The round had participation from new and existing investors, including Prosus Ventures, In-Q-Tel (IQT), Hillspire, Freeflow Ventures, Creative Ventures and Social Capital.
Apple released VisionOS 1.1 on Thursday with the most notable feature being improved personas of users.
Additionally, users can also now set up their personas without holding the device through Settings>Persona and selecting “Hands-free Capture” mode after initial steps for setup.
The new version of VisionOS also introduces Mobile Device Management (MDM), for enterprises to manage their devices.
This enables admins to set up devices for custom configuration, install apps at scale, and perform a remote erase of the device.
“We know that in order to unlock all of [the power of the Apple Vision Pro], businesses are going to want to manage these devices at scale.
It was only a few years ago — in 2021 — that Windows 11 gained official support for Android apps thanks to a Microsoft-maintained VM called the Windows Subsystem for Android (WSA).
With the WSA, Windows 11 users could install and run nearly the full range of apps for Android, optionally through Amazon’s Android marketplace — the Amazon Appstore — thanks to an Amazon-Microsoft deal.
Now, Windows 11 is losing official Android app support — and access to the Amazon Appstore along with it.
Windows 11 users who’ve installed the Amazon Appstore or Android apps will continue to have access to those apps through March 5, 2025 — but not after.
Now, just because Microsoft’s ending support for the WSA doesn’t mean it’ll become impossible to run Android apps on Windows.
You may not have a Copilot key on your PC’s keyboard yet, but if you’re a Windows 11 user, you’ll soon be able to use Copilot for a lot more everyday tasks on your desktop.
Starting today, Microsoft is adding skills that will allow the Copilot to change more Windows 11 settings for you and plugins for services like OpenTable, Shopify and Kayak.
Restaurant reservations through OpenTable, travel reservations through Kayak and a Shopify integration are surely only the start here, too.
At the same time, Microsoft is now also integrating more AI features into its existing Windows apps.
The second is a feature that automatically removes silence from videos in the Clipchamps video editor.
Singapore-based Terraform Labs (TFL), the company behind digital assets TerraUSD (UST) and Luna, filed for Chapter 11 bankruptcy in Delaware following the collapse of its cryptocurrencies in 2022.
According to a court document filed today, Terraform Labs’ estimated assets and liabilities range from $100 million to $500 million, while the number of creditors is between 100 and 199.
Terraform Labs plans to continue expanding its Web3 business, according to its statement.
Founded in 2018, Terraform Labs wiped out at least $40 billion in market value and collapsed the crypto industry in May 2022.
The bankruptcy filing comes four days after the U.S. SEC agreed to postpone the civil trial against Do Kwon Terraform Labs co-founder over an alleged $40 billion cryptocurrency fraud to March 25 from January 29.
It’s been over a decade since the first application for a spot bitcoin ETF was filed.
After a number of denials over the years, the U.S. Securities and Exchange Commission has approved all 11 applications from spot bitcoin ETF issuers, marking a potential watershed moment for the crypto industry and potentially opening the floodgates by making it easier for institutional investors and consumers alike to invest in the biggest digital asset.
The issuers are BlackRock’s iShares Bitcoin Trust, Grayscale Bitcoin Trust, ARK 21Shares Bitcoin ETF, Bitwise Bitcoin ETP Trust, WisdomTree Bitcoin Fund, Fidelity Wise Origin Bitcoin Trust, VanEck Bitcoin Trust, Invesco Galaxy Bitcoin ETF, Valkyrie Bitcoin Fund, Hashdex Bitcoin ETF and Franklin Bitcoin ETF.
In 2021, BITO, the first bitcoin-linked futures ETF in the U.S., launched and immediately saw a lot of demand during its first year.
It eventually grew to become one of the largest and most traded crypto ETFs., according to ProShares data.
