Technology

12 entries

Acer

Corporate RestructuringTechnology2000

Acer Inc underwent a major restructuring in 2000 after losing 7.5 billion Taiwan dollars. Founder St...

Nokia Mobile

Corporate RestructuringTechnology2012

Nokia sold its mobile phone business to Microsoft in September 2013 for 5.4 billion. Nokia had once ...

Motorola Mobility

Corporate RestructuringTechnology2012

Motorola Mobility was acquired by Google in May 2012 for 12.5 billion. Google wanted Motorolas paten...

BlackBerry

Corporate RestructuringTechnology2016

BlackBerry wrote off 934 million in unsold inventory in September 2013. The company had once dominat...

Yahoo

Corporate RestructuringTechnology2017

Yahoo was acquired by Verizon in June 2017 for 4.48 billion, a fraction of its peak value of 125 bil...

FFunction Inc

Corporate BankruptcyTechnology2019

Fab.com burned through 336 million in venture capital before pivoting and selling for parts. The fla...

Quibi

Corporate BankruptcyTechnology2020

Quibi, short for quick bites, launched in April 2020 and shut down in December 2020, one of the fast...

MoviePass

Corporate BankruptcyTechnology2019

MoviePass filed for bankruptcy on January 28, 2020. The subscription movie ticket service had offere...

Zume Pizza

Corporate BankruptcyTechnology2020

Zume Pizza shut down in January 2020 after raising 445 million. The startup used robots to make pizz...

Wag

Corporate BankruptcyTechnology2019

Wag, the dog walking startup, was rescued by SoftBank Vision Fund with a 300 million investment in 2...

Better com

Corporate RestructuringTechnology2021

Better com, the digital mortgage lender, laid off 900 employees on a Zoom call in December 2021, one...

Fast

Corporate BankruptcyTechnology2022

Fast, a one click checkout startup, shut down in April 2022 after burning through 120 million. The s...