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News History of Techmeme

3311.

TuSimple's $450M Fund Dispute Centers Around China Pivot

TuSimple, a self-driving truck startup, is trying to move its assets to China to fund a new AI-generated animation and video game business. The company is fighting over $450 million in funds, with a bulk remaining in the United States. The dispute centers around the company's mission, with some shareholders opposing the pivot.

Source: https://www.techmeme.com/river

RoboticsTesla

Rating: 38

2024-09-14 08:50:52 AM

3312.

Trump says he has “absolutely no intention” of selling his Trump Media stock when the lockup period expires; DJT initially popped 25%+, then closed up about 12%

Source: https://www.techmeme.com/river

2024-09-14 08:50:51 AM

3313.

Sam Bankman-Fried asks for a new trial in an appeal to the 2nd Circuit US Court of Appeals and directly attacks US District Judge Lewis Kaplan for alleged bias

Source: https://www.techmeme.com/river

2024-09-14 08:50:51 AM

3314.

Brazil lifts the block on the bank accounts of X and Starlink after withdrawing ~$3.3M from the accounts to pay for fines imposed by the Supreme Court

Source: https://www.techmeme.com/river

2024-09-14 08:50:51 AM

3315.

MicroStrategy's Bitcoin Purchase Sends Stock Soaring 8% Amid Rising Cryptocurrency Value

MicroStrategy's founder Michael Saylor announced the company purchased $1.1 billion worth of bitcoin, causing its stock to jump 8% and 124% this year. The company's average purchase price is $38,585 per coin, and its stash of 244,800 bitcoins is worth $14.6 billion. Bitcoin is currently trading at close to $60,000.

Source: https://www.techmeme.com/river

2024-09-14 08:50:51 AM

3316.

An EEOC analysis finds women made up 22.6% of US workers in high-tech roles in 2022, similar to the 22% in 2005, even as the number of lucrative jobs has soared

Source: https://www.techmeme.com/river

2024-09-14 08:50:50 AM

3317.

Some former CrowdStrike employees say they raised concerns about executives rushing deadlines and quality checks, more than a year before the July 2024 outage

Source: https://www.techmeme.com/river

2024-09-14 08:50:50 AM

3318.

Google ad trial: an ex-Facebook ad exec testifies the company signed the 2018 Jedi Blue deal with Google because it couldn't compete against Google's “monopoly”