Hacker News with Generative AI: Bankruptcy

Builder.ai coded itself into a corner – now it's bankrupt (theregister.com)
The collapse of Builder.ai has cast fresh light on AI coding practices, despite the software company blaming its fall from grace on poor historical decision-making.
Artificial Intelligence, Business, Bankruptcy, Software Development
7 points by yomismoaqui 32 days ago | 1 comments
WeightWatchers Files for Bankruptcy (abc7.com)
New York -- WeightWatchers, the 62-year-old program that revolutionized dieting for millions of people around the world, has filed for bankruptcy.
Business, Bankruptcy, Weight Loss
17 points by lxm 52 days ago | 4 comments
Bankrupt healthcare giant with 181 hospitals and clinics begins closure process (dailymail.co.uk)
A bankrupt healthcare giant is shifting services to other providers as it braces for a full shutdown.
Healthcare, Bankruptcy, Business, Hospitals
7 points by LinuxBender 72 days ago | 0 comments
Solid (formerly Wise) files for bankruptcy (techcrunch.com)
Banking-as-a-service startup Solid (formerly called Wise) has filed for Chapter 11 bankruptcy protection, according to documents filed in the United States Bankruptcy Court for the District of Delaware on April 7.
Fintech, Startups, Bankruptcy
15 points by otterley 78 days ago | 14 comments
Village Roadshow Entertainment has filed for Chapter 11 bankruptcy protection (latimes.com)
Village Roadshow Entertainment has filed for Chapter 11 bankruptcy protection, a dark turn for the once-prolific film financing company that backed the “Joker,” “The Matrix” and “Ocean’s Eleven” movie franchises.
Entertainment, Bankruptcy, Film Industry
76 points by MilnerRoute 89 days ago | 76 comments
Joann Fabrics went from a cult-favorite retail darling to a bankrupt disaster (msn.com)
Last month, Joann Fabric and Crafts, a fixture of American shopping for generations, announced it would close all of its more than 800 stores in the U.S. and lay off 19,000 workers, including more than 15,000 part-time store associates. The company is in the midst of its second bankruptcy in less than a year.
Retail, Bankruptcy, Business, Economics
9 points by mooreds 89 days ago | 3 comments
Vertical farming company Plenty files for bankruptcy after raising nearly $1B (techcrunch.com)
Vertical farming company Plenty has filed for bankruptcy, the company said in a press release on Monday.
Vertical Farming, Startups, Business, Bankruptcy
14 points by iancmceachern 95 days ago | 7 comments
Battery Maker Northvolt Files for Bankruptcy in Sweden (bloomberg.com)
Northvolt ran out of money after a series of operational blunders.
Battery Technology, Business, Bankruptcy, Sweden
16 points by JumpCrisscross 108 days ago | 2 comments
Troubled electric truck maker Nikola files for bankruptcy (techcrunch.com)
Hydrogen electric trucking startup Nikola Corp. filed for Chapter 11 bankruptcy protection Wednesday after it failed to find a buyer or secure additional funds to maintain operations.
Electric Vehicles, Bankruptcy, Startups, Automotive Industry
94 points by moose44 128 days ago | 96 comments
Electric-truck maker Nikola files for Chapter 11 bankruptcy protection (cnn.com)
Electric Vehicles, Bankruptcy, Business, Automotive
30 points by everybodyknows 128 days ago | 17 comments
EV maker Canoo, once worth $2.4B, files for bankruptcy (sfgate.com)
Back in 2020, electric vehicle maker Canoo snagged a $2.4 billion valuation before it had shipped a single car. Now, just months after yanking its headquarters from Los Angeles County to Texas, the company has gone belly-up.
Electric Vehicles, Business, Bankruptcy
61 points by bane 152 days ago | 50 comments
EV startup Canoo files for bankruptcy and ceases operations (techcrunch.com)
Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will “cease operations immediately.”
Electric Vehicles, Startups, Bankruptcy
8 points by bookofjoe 160 days ago | 0 comments
Bankruptcy judge rejects sale of Infowars to The Onion (nytimes.com)
A judge late Tuesday night said he would not approve the sale of Infowars, the website founded by the conspiracy theorist Alex Jones, to the Chicago-based satirical publication The Onion, prolonging a messy tug of war between two high-profile suitors.
Bankruptcy, Media, Satire, Law
584 points by jbegley 199 days ago | 935 comments
Vodka maker Stoli says August ransomware attack contributed to bankruptcy filing (therecord.media)
A ransomware attack on the multinational Stoli Group in August helped push two of the vodka-maker’s U.S. subsidiaries into bankruptcy, the company’s CEO said last week.
Ransomware, Business, Bankruptcy, Alcohol, Cybersecurity
4 points by aa_is_op 204 days ago | 0 comments
Vodka maker Stoli files for bankruptcy in US after ransomware attack (bleepingcomputer.com)
Stoli Group's U.S. companies have filed for bankruptcy following an August ransomware attack and Russian authorities seizing the company's remaining distilleries in the country.
Ransomware, Business, Bankruptcy, Russia
5 points by gnabgib 206 days ago | 1 comments
Battery unicorn Northvolt files for bankruptcy, co-founder and CEO resigns (techcrunch.com)
Beleaguered Swedish battery manufacturer Northvolt announced on Thursday that it was filing for bankruptcy in the U.S., striking a blow to Europe’s ambitions for homegrown lithium-ion batteries.
Battery Technology, Business, Europe, Bankruptcy
15 points by car 216 days ago | 1 comments
Battery startup Northvolt files for bankruptcy protection in US (ft.com)
Battery start-up Northvolt files for bankruptcy protection in US
Startups, Bankruptcy, Energy, Business, Europe
6 points by JumpCrisscross 218 days ago | 0 comments
Satire Slinger The Onion Buys Alex Jones' Infowars with Sandy Hook Families (westerninvestor.com)
The satirical news publication The Onion won the bidding for Alex Jones' Infowars at a bankruptcy auction, backed by families of Sandy Hook Elementary School shooting victims whom Jones owes more than $1 billion in defamation judgments for calling the massacre a hoax, the families announced Thursday.
Satire, News, Lawsuits, Bankruptcy, Media
11 points by voisin 225 days ago | 0 comments
The Onion wins Alex Jones' Infowars in bankruptcy auction (nbcnews.com)
The Onion, the satirical news company that repeatedly spoofed conspiracy theorist Alex Jones, has won the bankruptcy auction for control over his media empire — most notably InfoWars, the far-right, conspiracy-minded website that served as Jones' primary online platform.
Media, Bankruptcy, Satire, Conspiracy Theories
112 points by elsewhen 225 days ago | 2 comments
The Onion buys Infowars (nytimes.com)
The Onion, a satirical publication that skewers newsmakers and current events, said on Thursday that it had won a bankruptcy auction to acquire Infowars, a website founded and operated by the conspiracy theorist Alex Jones.
Satire, Media, Conspiracy Theories, Acquisitions, Bankruptcy
1901 points by coloneltcb 225 days ago | 1233 comments
Redbox's Insane Bankruptcy Unwinding (sherwood.news)
Ever wanted to own 46 copies of Orlando Bloom’s latest movie? What about a dozen empty Redbox DVD cases? Or maybe an entire Redbox kiosk, free with local pickup?
Business, Bankruptcy, Entertainment
22 points by 1970-01-01 254 days ago | 5 comments
National Public Data files bankruptcy, admits 'millions' affected (theregister.com)
The Florida business behind data brokerage National Public Data has filed for bankruptcy, admitting "hundreds of millions" of people were potentially affected in one of the largest information leaks of the year.
Data Breaches, Privacy, Business, Bankruptcy
16 points by pseudolus 260 days ago | 6 comments
Bankrupt Fisker says it can't migrate its EVs to a new owner's server (arstechnica.com)
Starting a new car company isn't easy—just ask Henrik Fisker, whose second bite at that particular cherry ended the same way as his first when it filed for bankruptcy this July.
Electric Vehicles, Bankruptcy, Automotive Industry
116 points by asteroidburger 261 days ago | 115 comments
Bankrupt Fisker says it can't migrate its EVs to a new owner's server (arstechnica.com)
Starting a new car company isn't easy—just ask Henrik Fisker, whose second bite at that particular cherry ended the same way as his first when it filed for bankruptcy this July.
Automotive, Bankruptcy, Technology
16 points by stirlo 261 days ago | 21 comments
Fisker bankruptcy hits major speed bump as fleet sale is now in question (techcrunch.com)
Fisker’s Chapter 11 bankruptcy has hit a major snag, as the company buying the startup’s remaining fleet of electric SUVs says it might not complete the purchase because of a surprising technical issue.
Electric Vehicles, Bankruptcy, Business, Automotive
3 points by CatDaaaady 262 days ago | 1 comments
FTX Customers Will Get Back Billions After Judge OKs Bankruptcy Plan (wired.com)
A US judge has cleared the way for billions of dollars to be refunded to former customers of bankrupt crypto exchange FTX.
Cryptocurrency, Finance, Bankruptcy, Law
5 points by BuildWithMason 262 days ago | 1 comments
FTX creditors will make money on bankruptcy (cnbc.com)
Cryptocurrency, Bankruptcy, Finance
99 points by koolba 263 days ago | 140 comments
FTX Clear to Repay Customers as Firms Seek Slice of $1B (bloomberg.com)
Cryptocurrency firm FTX won court approval to fully repay customers whose digital assets were locked on the platform when it imploded nearly two years ago, an unusual result that could net shareholders in Sam Bankman-Fried’s fraud-tainted exchange a slice of $1 billion in seized assets.
Cryptocurrency, Finance, Legal, Bankruptcy
5 points by toomuchtodo 263 days ago | 1 comments
Tupperware files for bankruptcy as demand slides (bbc.com)
Tupperware Brands, the US maker of food storage containers, and some of its subsidiaries have filed for bankruptcy in the US in the face of ballooning losses.
Business, Bankruptcy, Consumer Goods
55 points by Katana_zero 283 days ago | 59 comments
Tupperware Brands Plans to File for Bankruptcy (bloomberg.com)
Tupperware Brands is preparing to file for bankruptcy as soon as this week, according to people with knowledge of the plans, following a years-long effort to revive the business amid waning demand.
Bankruptcy, Business, Consumer Goods, Retail
5 points by Brajeshwar 283 days ago | 8 comments