Nikola wants embattled founder Trevor Milton to pay proposed $125M SEC settlement
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November 5, 2021
Nikola wants Milton to pay up. Nikola Electric semi truck startup Nikola revealed in its third-quarter earnings report Thursday that it’s nearing a settlement with the US Securities and Exchange Commission over its ongoing investigation. The firm…
Ozy to shut down after advertisers flee embattled media startup
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October 1, 2021
Embattled media startup Ozy Media Inc. will shut down following an exodus of advertisers, claims that it inflated its online-traffic numbers and a scandal involving its co-founder posing as a YouTube executive. “At Ozy, we have been blessed with a…
Embattled China property giant sparks economy fears
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September 20, 2021
Evergrande is currently building a new stadium for its football team, Guangzhou FC Chinese company Evergrande has started to repay investors in its wealth management business with property, as the world’s most indebted real estate developer faces a…