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Forget the casino, bankrupt Hertz can now sell up to $1 billion in stock

5 min•15 juni 2020

Hertz, the rental car company that is going through Chapter 11 bankruptcy proceedings, can now sell up to $1 billion in stock as it seeks to tap into one of the hottest tickets in town: traders with an appetite for short-term speculative bets. . The decision Friday by the U.S. Bankruptcy Court for the District […]

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Fler avsnitt av TechCrunch Industry News

Ferrari is using IBM’s AI to create F1 superfans

xAI burned $6.4B last year, the spending is far from over; plus, Jensen Huang says he’s found a ‘brand new’ $200B market for Nvidia

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Musk mulled handing OpenAI to his children; plus, Google and SpaceX in talks to put data centers into orbit

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