Jack in the Box sold Del Taco to Fremont-based franchise operator Yadav Enterprises for $115 million in cash on October…
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FDA warning kills pandemic testing giant once valued at $2.3 billion
Cue Health is shutting down permanently, with all remaining U.S. employees receiving final paychecks on May 24. The San Diego…
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European startup secures $450 million to build reusable spacecraft challenging SpaceX
European spacecraft developer The Exploration Company secured $450 million in Series C funding, the largest round of its kind for…
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$100 Million Fuels Pixxel’s Planetary Infrastructure Expansion
Pixxel secured $100 million in Series C funding, India’s largest space-tech round to date, co-led by Temasek and Seraphim. The…
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UK chip startup Fractile claims path to Britain’s first trillion-dollar company
Carmen Alfonso Rico, vice president of business operations at UK AI chip startup Fractile, said the company could become Britain’s…
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AppLovin cuts 120 jobs despite $41 billion stock surge
AppLovin laid off 120 employees despite a staggering stock surge that added $41 billion in market value over two days…
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Brainerd ice fishing company pays $115,000 after denying cancer patient transfer
A Brainerd ice fishing shelter manufacturer will pay $115,000 to settle allegations it denied a cancer patient equal access to…
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Robotaxi firm Cruise cuts 535 California jobs after pedestrian-dragging crash fallout
Cruise is cutting 900 jobs, nearly a quarter of its workforce, including 535 positions across California. The San Francisco robotaxi…
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Upwork posts $28M profit while axing 21% of workforce
Upwork announced a 21% workforce reduction, about 160 jobs, despite a $28 million quarterly profit on $194 million in revenue.…
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Chegg slashes 441 jobs as ChatGPT decimates its homework empire
Chegg is laying off 441 employees, nearly 25% of its workforce, as the education technology company struggles against free AI…
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