Vizio revives its plan to go public

Vizio has revived its plans to go public more than five years after its first attempt at an IPO. The TV and sound bar manufacturer has submitted a filing with the US Securities and Exchange Commission regarding its proposed initial public offering. A...

Faraday Future founder files for Chapter 11 bankruptcy

Faraday Future founder Jia Yueting has filed for Chapter 11 bankruptcy in a bid to settle his exorbitant personal debts. The move is part of a larger recovery plan, and it's meant, in part, to regain credibility for Faraday Future. Though there's no...

Uber’s IPO went off amid outcry over labor conditions and wages

Uber's much-anticipated IPO happened this morning, with shares hitting the New York Stock Exchange under the symbol UBER. The IPO raised $8.1 billion, with shares set at $45 and the company valued at $82.4 billion. This comes amid outcry over Uber's...

Uber’s self-driving unit gets its own CEO and a $1 billion investment

As Uber finally closes in on its IPO, its self-driving car unit is getting a big cash infusion and some independence. The company announced tonight that Toyota, Denso and Softbank are investing a total of $1 billion in its Advanced Technologies Group...