Once job board giants, CareerBuilder and Monster head for breakup and sale
Online recruitment has changed dramatically since the company's peak years
Bankruptcy articles
Builder.ai collapses after revelation that its "AI" was hundreds of engineers
Billion-dollar implosion exposes the perils of AI hype
Cutting corners: Builder.ai promised to revolutionize software development with artificial intelligence – and convinced deep-pocketed investors it had. Backed by Microsoft and valued at $1.5 billion, the startup masked manual labor as machine learning until the facade crumbled, leaving behind lawsuits, layoffs, and one of the industry's most embarrassing collapses.
DNA testing firm 23andMe files for bankruptcy, CEO Anne Wojcicki resigns
A massive security breach and waning consumer interest forced 23andMe's hand
Elon Musk's X claims ownership of user accounts in InfoWars sale dispute with The Onion
Who owns your social media account? Not you, according to X
Former Mass Effect creative director reluctantly shutters his visionary indie studio
It didn't even have a chance to finish its maiden title but did leave us some cool concept art
How a summer intern saved Valve from bankruptcy and shaped the future of gaming
Vivendi turned a petty matter over Counter-Strike licensing into "World War III"
23andMe to lay off 40% of staff in desperate restructuring effort
The company expects to save $35 million per year after these cuts
Data broker National Public Data files for bankruptcy following massive breach
The debtor's insurance has declined coverage
OpenAI's massive operating costs could push it close to bankruptcy within 12 months
The ChatGPT maker could lose $5 billion this year
Redbox asks court for Chapter 11 bankruptcy protection and a DIP loan to cover payroll
Parent company, Chicken Soup for the Soul, made a bad gamble with its 2022 acquisition
Bullitt, maker of Caterpillar, Land Rover, and Kodak-branded phones, goes out of business
Sad news for its employees and lovers of rugged phones
Radio and podcast giant Audacy files for bankruptcy months after awarding $3.2 million to executives
Video killed the radio star
Nvidia CEO Jensen Huang says he constantly worries that the company will fail
"I don't wake up proud and confident. I wake up worried and concerned"
WeWork, the office-sharing giant valued at $47 billion in 2019, files for bankruptcy
Working from home helped kill WeWork
Virgin Orbit files for Chapter 11 protection in a last ditch effort to find a buyer
Eleventh-hour talks with a Texas investor broke down last month
Virgin Orbit is on the verge of insolvency after expensive failed launch
Company has temporarily shutdown until it can find new funding
Bahamas AG defends his investigation into SBF and FTX while pointing fingers at the rest of the world
But was anybody even listening? Less than 1,400 combined Facebook and YouTube views say "no"
Bankrupt crypto lender Celsius loses another exec as scrutiny over CEO intensifies
Co-founder Daniel Leon has followed CEO Alex Mashinsky out the door
In context: The bad news isn't alleviating for bankrupt crypto lending platform Celsius. A week after CEO Alex Mashinsky resigned from the company, cofounder S. Daniel Leon has now quit as chief strategy officer. Mashinsky is also dealing with revelations that he withdrew $10 million from the lender weeks before it froze customer accounts.
Bankrupt PC builder Artesian Builds is auctioning off almost $1 million worth of stock
Soon after that controversial raffle livestream
Google Russia files for bankruptcy after authorities seize bank account
The seizure has made paying Google's financial obligations "untenable"
Loot Crate has filed for Chapter 11 bankruptcy protection
The company is planning to sell itself
Undisclosed investor reportedly in talks to revive Mars One
Supporting the coolest project ever, or throwing money down the drain?
Mars One, the overly ambitious project to colonize the Red Planet, has gone bankrupt
There will be no reality show about colonizing Mars
Telltale Games closes its doors and liquidation has begun
Some games have already been removed from Steam