Allbirds, once worth $7b, sells its assets for $68m, will wind down
US$4.1b peak valuation Allbirds reached its peak market valuation of US$4.1 billion ($7b) on November 3, 2021, the…
Jury decision shows tide turning against Meta and YouTube
As part of our research for the series, we carried out two experiments, one on TikTok and another…
FDA sends letter to Novo Nordisk over potential GLP-1 side effects
The U.S. Food and Drug Administration sent a warning letter this month to Novo Nordisk, the maker of…
FDA sends letter to Novo Nordisk over potential GLP-1 side effects
The U.S. Food and Drug Administration sent a warning letter this month to Novo Nordisk, the maker of…
Plug and Play connects with Japan electronics maker
Companies Dexerials seeks to grow its photonics business by working with startup accelerator Dexerials entered the photonics business…
3M faces $59.2m court fight over ‘forever chemicals’ poisoning claims
3M said it has not produced PFAS at the plant inaugurated in the 1970s since 2024 and has…
Molteni&C flagship store to open in Auckland as Dawson & Co expands
Scott Fisk, director of luxury furniture retailer Dawson & Co. The dedicated gallery is currently under construction next…
Bremworth rehires former staff and takes on Design Spun workers as Napier plant ramps up post-cyclone
Through the Ministry of Social Development (MSD), 15 candidates were referred to Bremworth, including former Design Spun staff.…
AI casualty: Once high-flying Soul Machines in receivership, KPMG looks for buyer
“The receivers intend to progress with the existing sales process and seek to find a buyer for the…
Tesla loses EV crown to China’s BYD in 2025 as sales slip
The pullback comes after the elimination of a US$7500 ($13,000) tax credit in the US at the end…
The US wants to ban DJI drones due to security fears; will NZ follow suit?
“It’s so much better – I just wish it could bang in boundary pegs for me.” Kotare Consultants…
LawVu hits $400m valuation, buys European firm ClauseBase to boost its AI push
The nine ClauseBase staff will join LawVu’s team – taking the firm’s total headcount to 160, 100 of…