Struggling EV Startup Fisker Implements Significant Layoffs as it Seeks Funding and Buyouts

Discover the latest news on struggling electric vehicle (EV) startup, Fisker, as they lay off hundreds of employees in a bid to secure funding, a buyout, or avoid bankruptcy. Find out why the layoffs came as a surprise to workers, the investor behind the decision, and the current state of the company. Learn about founder Henrik Fisker's determination for the future and the challenges faced during the announcement process. Stay informed on Fisker's ongoing struggles and their efforts to survive in the competitive EV market.

Spyware App pcTattletale Shuts Down After Data Breach Exposes Customer Information

Discover the recent closure of pcTattletale, a spyware app, after a devastating data breach. Learn about the hacker's defacement of the company's website and the exposure of customer databases and stolen victim data. Uncover the security vulnerabilities of pcTattletale and the concerns raised by their handling of the breach. Find out how this event adds to the growing list of spyware makers shutting down due to similar breaches. Prioritize your privacy and security when using surveillance apps.

The Tragic Tale of Onyx Motorbikes: The Uncertain Future After the Death of Its...

Discover the tragic tale of Onyx Motorbikes, a promising startup that crumbled after the sudden death of its CEO. Unpaid bills, legal issues, and a delayed shipment led to the company's downfall. Now, with no owner or plan in place, Onyx's future hangs in the balance. Oxygen Funding seeks to become the administrator of the CEO's estate, but legal battles ensue. This cautionary tale emphasizes the importance of succession planning and financial management for business owners. Learn from their mistakes to protect your assets in the event of your own passing.

Zypp Electric to Expand EV Rental Service into Southeast Asia with Investment from ENEOS

Discover Zypp Electric's plans for expansion into Southeast Asia and the Middle East, backed by a recent investment from ENEOS. With a goal to be present in 15 markets within the next two years, Zypp Electric aims to provide its EV-as-a-service platform to e-commerce companies and gig workers. Learn about their current operations in India and their strategy for growth, including a focus on electric three-wheelers. With strong financial support and a commitment to sustainability, Zypp Electric is poised to become a major player in the electric mobility space.

BluSmart Expands to Dubai, Takes on Uber and Careem in New Market

BluSmart, the Indian ride-hailing startup, has made its debut in Dubai, signaling its expansion into the United Arab Emirates' most populous city. With its focus on electric vehicles, BluSmart aims to challenge established players like Careem, Uber, and Hala in the region. This strategic move offers residents a sustainable and eco-friendly alternative while presenting a challenge to existing players. As BluSmart continues to expand and enhance its charging infrastructure, it is poised to make a significant impact on the ride-hailing landscape in Dubai and beyond.

“University Students Discover Security Flaw Allowing Free Laundry, Vendor Ignores Fix Requests”

Discover how security researchers at UC Santa Cruz uncovered a security flaw in the CSC Go mobile app API, allowing anyone to operate laundry machines for free. Despite reporting the issue, CSC ServiceWorks has failed to fix the vulnerability, leaving millions of machines at risk. Find out how the researchers stumbled upon the flaw and the potential dangers of having internet-connected laundry machines.

Microsoft to Launch Custom Cobalt 100 Chips at Build Conference for Public Preview, Offering...

Discover the latest advancements at Microsoft's Build conference, including the launch of high-performance Cobalt 100 chips with 128 cores, offering 40% better performance than other ARM chips. Learn how Microsoft is making AMD's MI300X accelerators available to Azure clients, providing cost-effective alternatives to Nvidia's chips. Explore the new real-time intelligence system and partnership with Snowflake, as well as enhanced capabilities for developers using Copilot. Find out about pricing adjustments for accessing large language models. Exciting developments in hardware, partnerships, and software enhancements await at Build.

Indian Government Websites Found to Host Scam Ads Redirecting Visitors to Online Betting Platforms

Discover how several Indian government websites inadvertently hosted scammy redirects to online betting platforms. TechCrunch uncovered the issue, finding that search engines like Google had indexed these websites, making the scam ads easily accessible. The affected websites included state police and property tax departments, with around four dozen "gov.in" links found to redirect to betting platforms. The exact method used by scammers remains unclear, but TechCrunch has alerted India's cyber agency, CERT-In, who confirmed they are taking appropriate action. This incident highlights the importance of robust cybersecurity measures and regular security audits to protect government websites from unauthorized access and malicious activities. It also emphasizes the need for user education on online scams and cybersecurity best practices. Stay vigilant in safeguarding your online presence.

Fisker Faces Lawsuit Over Unpaid Invoices and Alleged IP Retention

Discover the legal troubles faced by Henrik Fisker, CEO of EV startup Fisker, as a federal court lawsuit alleges unpaid services and wrongful retention of intellectual property. With mounting challenges and the threat of bankruptcy, Fisker is also facing lemon law violation lawsuits, legal action from a former director, and a textile supplier. Learn about the details of the Bertrandt AG lawsuit, including breach of contract claims and damages sought. Find out about additional legal challenges, including a class action complaint from an employee and lemon law violation lawsuits. These legal issues raise concerns about Fisker's financial stability and corporate practices.

Sprinklr Announces Job Cuts as Part of Business Restructuring

Discover why Sprinklr, a leading customer experience management platform provider, has made the strategic decision to lay off approximately 3% of its workforce. Learn how this move aligns with the company's efforts to streamline its business operations and improve go-to-market efficiency. Despite the layoffs, Sprinklr continues to show positive financial performance, with an increase in quarterly revenue and operating income. Find out how the company plans to support affected employees and drive value for customers and shareholders.