Mortgage lender Better's shares sink in grim Nasdaq debutBacked by SoftBank, Better completed its combination with special purpose acquisition company (SPAC) Aurora Acquisition Corp, capping a roc...
25 Aug, 2023, 08.08 AM IST
Better.com CEO Vishal Garg, who sacked 900 employees on Zoom call, sued for misleading investors by former execThe digital mortgage company was planning to go public with a SPAC merger.
08 Jun, 2022, 04.44 PM IST
Former executive alleges Better.com, CEO misled investors to ensure SPAC dealBetter.com's plan to go public through a merger with a special-purpose acquisition company (SPAC) Aurora Acquisition Corp, in a deal that v...
08 Jun, 2022, 08.25 AM IST
I'm 'personally liable' for $750million SoftBank loan: Better CEO Vishal GargAccording to a report, Better.com in recent weeks offered "its workers in India the option to leave under a voluntary separation agreement"...
14 May, 2022, 01.14 PM IST
Better.com's Vishal Garg offers paid severance, health insurance to those who quitAfter laying off nearly 4,000 employees in the US and India, digital mortgage lender Better.com -- under its Indian-origin CEO Vishal Garg ...
07 Apr, 2022, 09.23 PM IST
Vishal Garg-led Better.com fires thousands of workers in US, India in mass layoffThe company apparently forgot to change the date on its accompanying Workday app and employees reportedly saw severance cheques appearing i...
09 Mar, 2022, 09.07 PM IST
Better CEO Vishal Garg taking 'time off effective immediately' after he 'blundered' Zoom call firing of 900 staffAn independent third party firm will handle the leadership and cultural assessment.
11 Dec, 2021, 12.30 PM IST
Better.com CEO apologises after laying off 900 employees via Zoom callVishal Garg, who has come under intense criticism after the SoftBank-backed company laid off about 9% of its workforce through the video ca...
09 Dec, 2021, 11.00 AM IST
Better.com CEO apologises after laying off 900 employees via Zoom callVishal Garg, who has come under intense criticism after the SoftBank-backed company laid off about 9% of its workforce through the video ca...
09 Dec, 2021, 10.07 AM IST
SoftBank-backed Better to go public in $7.7 billion SPAC dealAs part of the deal with Aurora Acquisition Corp, SoftBank will invest $1.5 billion, giving Better a pre-money valuation of $6.9 billion. N...
11 May, 2021, 05.05 PM IST
Lyft sells self-driving tech unit to Toyota for $550 millionThe acquisition of Level 5 automation will provide Toyota access to the U.S. ride-hailing firm's more than 300 employees of the essentially...
27 Apr, 2021, 09.37 AM IST
Self-driving startup Aurora bets on lidar in first acquisitionAurora recently raised $530 million from investors including Sequoia Capital, Amazon.com Inc. and T. Rowe Price Group Inc.
24 May, 2019, 08.56 AM IST
Boeing flying car takes off to show a glimpse of the futurePropelled by electricity, the model is designed for fully autonomous flight, with a range of as much as 50 miles, Boeing said.
24 Jan, 2019, 03.16 PM IST
VW is said to have approached self-driving startup AuroraThe German carmaker has been scouring Silicon Valley for targets or partnerships that can help it develop self-driving cars and other mobil...
23 Aug, 2018, 10.37 AM IST
Midnight summer fun: Why Finland has become a favourite with Indian travellersVast horizons, deep lakes, green forests and the real Santa Claus, a visit to Finland has lots to offer.
05 May, 2016, 05.14 AM IST
- Ultrabooks to replace Laptops by 2013, says Intel
Electronic chip maker Intel is betting big on evolution of new form factor of computer notebook, UltraBook, and expects it to replace lapto...
20 Dec, 2011, 07.30 PM IST
Robot opens to full house at 4amWhy would someone go to a theatre at 5am to watch a Rajinikanth movie? Because tickets were not available for the 4am show.
02 Oct, 2010, 02.24 AM IST