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Wednesday, March 12 2025
French Tech Start-Up Bankruptcies Are Increasing, Survey Finds
Bankruptcies in France's tech start-up sector are increasing, according to a survey published on Tuesday whose findings could undermine President Emmanuel Macron's image of Paris as a leading European tech hub and key driver of…
Wednesday, March 12 2025
Telecom Company Mitel Files for Bankruptcy to Cut $1 Billion in Debt
Telecommunications company Mitel Networks Corp filed for Chapter 11 bankruptcy protection in Texas late Sunday, seeking to complete a restructuring that will eliminate $1.15 billion in debt, Reuters reported. Mitel entered…
Wednesday, March 12 2025
Northvolt Close to Filing for Bankruptcy in Sweden
Northvolt, the Swedish maker of battery cells for electric vehicles, may be close to filing for bankruptcy in Sweden, Swedish newspaper Dagens Nyheter (DN) reported on Tuesday, Reuters reported. Northvolt sought U.S. chapter 11…
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