The woes of speaker maker Sonos have raised the prospect of a takeover, but who might want to buy it? Also: iPhone SE inventory shrinks ahead of a major revamp; Apple prepares more AI for the Mac even as it removes news summaries; and the company’s former chief people officer lands at HP.

Non Paywall Link: https://archive.ph/8sHVH

Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will "cease operations immediately." The company is liquidating its assets in a

Bumble announced today that founder Whitney Wolfe Herd is returning as CEO after stepping down from the position in 2023.  Wolfe Herd will succeed Bumble announced today that founder Whitney Wolfe Herd is returning as CEO after stepping down from the position in 2023.

Rivian and the Department of Energy have finalized a $6.6 billion loan announced in November with just a few days left until Donald Trump's inauguration.

Intel says that it plans to spin off its corporate venture arm, Intel Capital, into a standalone fund, with Intel as an "anchor investor."

cross-posted from: https://lemmy.world/post/24281721

https://archive.ph/XJpsl

https://ghostarchive.org/archive/tK4co

https://www.washingtonpost.com/business/2025/01/08/1000-auto-loan-car-payment-new-record/

"The 123-year-old department store chain anchors the new company — a joint venture with Sparc Group, which also owns Lucky Brand, Eddie Bauer, Nautica and Aeropostale. The merger will form a new company called Catalyst Brands, representing a gamble that combining the beleaguered brands will create a new powerhouse of mall staples … that also happen to have America’s largest mall operators as major financial backers."

Source Bloomberg article

cross-posted from: https://lemmy.world/post/23847092

The deal, which is on track to close in the first half of 2025, is currently under review by the agency due to a required transfer of broadcast licenses

The notorious short seller published a report titled “Carvana: A Father-Son Accounting Grift For The Ages.”

Nvidia has completed its acquisition of Run:ai, an Israeli startup that helps manage and optimize AI hardware infrastructure.

Microsoft and OpenAI have a very specific, internal definition of artificial general intelligence (AGI) based on the startup's profits, according to a new