Ballast Point Brewing, the San Diego craft beer pioneer once valued at $1 billion, faces potential shutdown amid allegations of…
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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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$14.8 billion IT deals surge as AI reshapes acquisition priorities
IT services M&A reached $14.8 billion across 449 deals in the first half of 2026, according to an EY India…
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AI dominates Europe’s €2.7B weekly haul as Helsing lands $1.8B
Europe’s tech sector saw over €2.7 billion flow into 60 funding deals last week, led by Munich defence AI firm…
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€2.8B floods European tech as 70 deals reshape funding landscape
Europe’s tech sector recorded over 70 funding deals worth €2.8 billion this week, led by cloud infrastructure, fintech, and energy.…
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Fisker’s $2.9 Billion EV Dream Files Bankruptcy Owing $500 Million
Fisker filed for Chapter 11 bankruptcy Monday, ending a dramatic collapse for the electric vehicle startup once valued at $2.9…
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SunPower’s collapse threatens 290 California jobs as solar pioneer nears bankruptcy
A solar industry pioneer is on the verge of bankruptcy, putting 290 California workers at risk. SunPower's financial unraveling signals…
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$16B Okta slashes 180 jobs despite posting its first-ever profits
Okta just recorded its first profitable year in company history, yet it is still cutting 180 employees from its workforce…
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Biotech Firm Once Valued at $3 Billion Slashes 30% of Workforce to Stay Afloat
A biotech unicorn is eliminating nearly a third of its staff just to keep the lights on. The layoffs signal…
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Robots Run the Table as Europe’s Weekly Tech Funding Hits €1.6 Billion
Europe just saw its biggest tech funding week of the year with a staggering €1.6 billion flowing almost entirely into…
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