What's Hot

    Biden withdraws National Highway Traffic Safety Administration nomination

    May 31, 2023

    AOC warns parody Twitter account ‘impersonating’ her

    May 30, 2023

    New data reveals more people living alone

    May 30, 2023
    Facebook Twitter Instagram
    Facebook Twitter Instagram
    Censored HeadlinesCensored Headlines
    • Home
    • News

      Biden withdraws National Highway Traffic Safety Administration nomination

      May 31, 2023

      AOC warns parody Twitter account ‘impersonating’ her

      May 30, 2023

      New data reveals more people living alone

      May 30, 2023

      Japanese court rules same-sex marriage ban unconstitutional

      May 30, 2023

      Nevada Democrats Pass $5,000-a-Day Amendment to Penal Schools That Don’t Allow Biological Boys in Girls’ Toilets

      May 30, 2023
    • Finance

      Why we think Bajaj Finance (NSE:BAJFINANCE) deserves attention

      December 26, 2022

      Is now the perfect time to consider early innovations for transportation systems SE (ETR:IXX)?

      December 26, 2022

      Hextar Healthcare Berhad’s (KLSE:HEXCARE) return on capital concerns include:

      December 26, 2022

      Should I buy Hong Kong Finance Group Limited (HKG:1273) for upcoming dividends?

      December 26, 2022

      A late (and flawed) start, but finally on track to financial freedom

      December 26, 2022
    • Funds

      State auditors say NM Charter School funneled public funds through the foundation to pay more to its founders.

      December 29, 2022

      ? NCTD Wins $7M Sprinter Fund + Skateboarder Joins National Team

      December 29, 2022

      Otzma Yehudit’s deal includes border police control, significantly increasing police funding

      December 28, 2022

      FTX used $200 million in client funds for two venture investments

      December 28, 2022

      Northwest Ohio Fire Department Shares Grants

      December 28, 2022
    • Investments

      Active investment is on the rise in 2023

      December 27, 2022

      Patria Investments (PAX): A Solid Asset Manager Specializing in Latin America

      December 27, 2022

      Cancer Horoscope Today December 28, 2022: Make Good Investments | Astrology

      December 27, 2022

      The end of 2022 will be the best two years for private sector investment and job creation in state history

      December 27, 2022

      ‘Oil prices above $200’ per barrel — investors expect to ‘crush’ all investment in 2023

      December 27, 2022
    • Markets

      Clear Aligners Market Research Report by Age, Type, Product Type, End Use and Region – Global Forecast to 2027

      December 28, 2022

      Automakers withdraw from public markets

      December 28, 2022

      Emerging Markets Clutch Pushes Down Trend With Significant ETF Outperformance

      December 28, 2022

      Bitcoin, ether slide. BNB Leads Profits in Top 10 Cryptos

      December 28, 2022

      What investors should be looking for in emerging markets in 2023

      December 28, 2022
    • Startup

      Trimble Acquires Integration Platform Startup Ryvit

      January 5, 2023

      In Layoff Update, Amazon CEO Tells Employees ‘We Will Cut More Than 18,000 Roles’ • TechCrunch

      January 5, 2023

      Startups face cautious investors amid economic uncertainty as CES opens

      January 5, 2023

      Telehealth Startup KeyCare Adds $3M to Series A Round

      January 5, 2023

      Japanese startup ICOMA showcases quirky Tatamel folding bike

      January 5, 2023
    • Stocks

      ‘Unceasing Congestion’: China’s Shipping Delays Snarl Trade

      February 11, 2021

      $100 Oil Predictions Soar As Analysts Warn Of Supply Crisis

      February 4, 2021

      Gupta, Greensill and Credit Suisse. How a Business Collapsed

      February 4, 2021

      Luxury Retail Giants See Portfolio Revenues Reshuffle

      February 4, 2021

      Western Digital Gains Are Worth More Than the Whole

      February 4, 2021
    Censored HeadlinesCensored Headlines
    Home»Startup»Silicon Valley startup lays off 100 employees, closes three locations
    Startup

    Silicon Valley startup lays off 100 employees, closes three locations

    robcreeceBy robcreeceOctober 4, 2022No Comments2 Mins Read
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    A flying car startup in Silicon Valley that was backed by Google’s Larry Page and set out to revolutionize how people get around is closing stores and laying off workers.

    Kittyhawk gave 100 employees pink slips, according to a WARN notice filed with the state labor department on Sept. 22. The WARN notice filed with the California Department of Employment Development also indicated the permanent closure of three offices, including two in Palo Alto at 821. San Antonio Street. 4062 Fabian Way, the other is at his 2639 Terminal Blvd in Mountain View. The layoffs and closures will be reported to the state on September 22nd and are expected to take effect on November 22nd.

    Kitty Hawk did not respond to a request for comment on the layoffs, but a message posted to its LinkedIn page on Sept. 21 read, “We have decided to disband Kitty Hawk. We are still working on what to do next.” We are working on the details…”

    The company was founded in 2010 by Sebastian Thrun, founding director of Google’s X lab and its self-driving car team, and made headlines in 2017 when it released a video of its flying car prototype, Flyer, at Clear Lake. I was. A New York Times reporter said the flyer “looked like something Luke Skywalker had assembled from spare parts.”

    Sebastian Thrun is Director of the Stanford Institute for Artificial Intelligence and Associate Professor of Computer Science at Stanford University. Throon has led the development of numerous deployable autonomous mobile robots.  Thrun is a renowned expert in autonomous mobile robotics.

    Sebastian Thrun is Director of the Stanford Institute for Artificial Intelligence and Associate Professor of Computer Science at Stanford University. Throon has led the development of numerous deployable autonomous mobile robots. Thrun is a renowned expert in autonomous mobile robotics.

    Kimkrish/Corbis via Getty Images

    “It was a one-person, 220-pound, open-seat contraption powered by eight battery-powered propellers that made as much noise as a speedboat,” reported The Times.

    The company abandoned the Flyer project in 2020 and most recently worked on a battery-powered aircraft known as the Heaviside.

    The Verge reported that Kittyhawk has ended development of its own aircraft, but continues its ventures with Boeing and Mountain View-based aerospace manufacturer Wisk Aero. “Both @Boeing and @kittyhawkcorp are investors and we remain in strong financial position,” said a message posted on Wisk’s Twitter page.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleBREAKING: Donald Trump files $475 million lawsuit against CNN for defamation
    Next Article ‘Startup World Cup’ returns to Downtown SF to promote benefits of face-to-face entrepreneurship
    robcreece
    • Website

    Related Posts

    Trimble Acquires Integration Platform Startup Ryvit

    January 5, 2023

    In Layoff Update, Amazon CEO Tells Employees ‘We Will Cut More Than 18,000 Roles’ • TechCrunch

    January 5, 2023

    Startups face cautious investors amid economic uncertainty as CES opens

    January 5, 2023
    Add A Comment

    Leave A Reply Cancel Reply

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement

    This website provides information about Finance and other things. Keep Supporting Us With the Latest News and we Will Provide the Best Of Our To Makes You Updated All Around The World News. Keep Sporting US.

    Facebook Twitter Instagram Pinterest YouTube
    Top Insights

    Biden withdraws National Highway Traffic Safety Administration nomination

    May 31, 2023

    AOC warns parody Twitter account ‘impersonating’ her

    May 30, 2023

    New data reveals more people living alone

    May 30, 2023
    Get Informed

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2023 censoredheadlines. Designed bycensoredheadlines.
    • Home
    • About us
    • DMCA
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.