MessageBird rebrands as Bird, and slashes prices by 90% on SMS to take on Twilio

No, don’t think Bird Scooters. Think Bird, formerly MessageBird. For the Amsterdam-based unicorn is now re-branding as such after reportedly acquiring the domain name a couple of years ago,

What the demise of Superpedestrian means for the e-scooter industry

At an all-hands meeting just before Thanksgiving, Superpedestrian’s CEO Assaf Biderman told staff the electric scooter company was gearing up for fresh funding and a merger. Management would announc

Proposed new rule: All AI output must rhyme

Welcome to Startups Weekly. Sign up here to get it in your inbox every Friday. I know I usually lead Startups Weekly with my own column (and I did write one this week, so if you are somehow a fan of e

Electric scooter company Bird files for bankruptcy

Bird has filed for Chapter 11 bankruptcy, capping off a turbulent year for the electric scooter company. In a press release today, Bird confirmed that it had entered into a “financial restructur

Bird lays off staff after Spin acquisition to reduce redundancies

Bird, the shared micromobility company that was delisted from the New York Stock Exchange last week, is issuing another round of layoffs, according to an email interim CEO Michael Washinushi sent to t

Can Bird’s Spin acquisition give it the lift it needs?

Back in the scooter craze days of 2019, Bird was valued at a whopping $2.5 billion.

Bird acquires Spin scooters from Tier for $19M

Shared micromobility company Bird has acquired competitor Spin from Tier for $19 million, including $10 million in cash, $6 million in a vendor take back and $3 million as a hold back. Tier had purcha

Why Lime says the time is almost right to go public

Lime, the startup with shared e-scooters and e-bikes in 280 cities around the world, has been talking about going public for years. Now, Lime CEO Wayne Ting says the economic stars are finally alignin

Bird founder Travis VanderZanden officially leaves the nest

Travis VanderZanden’s slow-motion departure from Bird is now complete. The scooter rental company announced in a late-Friday news dump that the executive has stepped down from his role as chairp

Bird stock dips 11% on news of reverse stock split

Shared micromobility company Bird’s share price fell 10.8%, or about two cents, in after-hours trading after the company said it would issue a reverse stock split. The move is Bird’s attem

Bird’s weak stock market performance impacts the entire e-scooter industry

Bird’s first-quarter earnings show a company struggling to maintain ridership and revenue — two legs of the profitability stool for the shared micromobility market. Bird did manage to cut cost

Bird still has a long way to go to reach profitability

Shared micromobility company Bird reported a somewhat head-scratching fourth-quarter and full-year 2022 earnings Friday morning. At first glance, Bird’s earnings show a company that beat Wall St

Bird tanks on word that a Canadian company is saving its bacon

Bird’s plan to stay in the shared scooter game

Bird CEO and president Shane Torchiana predicts a major consolidation in the industry, with two or three companies coming out on top. Bird, he said, has a chance to be one of those companies.

How Bird clipped its own wings

It recently came to light that Bird, a former unicorn in the once-hot scooter rental market, overstated its revenue for years. The accounting mess is consequential.

Bird may not have enough funds to continue shared micromobility business

Just hours after Bird said it had overstated revenue for more than two years by recognizing unpaid customer rides, Bird dropped a going concern warning. In a regulatory filing, the company said it mig

Bird tells SEC it overstated revenue for two years

Micromobility company Bird said Monday it had overstated its revenue for more than two years by recognizing unpaid customer rides. Bird’s audit committee found on Friday that the company’s financi

Bird exits Germany, Sweden, Norway and ‘several dozen’ US, EMEA markets

Shared micromobility company Bird is exiting several markets across the world as it struggles to build an economically viable business, according to a regulatory filing. Bird said it will “fully

Bird board backs new scooter boss

Micromobility company Bird is boosting its president, Shane Torchiana, to CEO status in a “long-planned” shakeup that sees founding chief executive Travis VanderZanden further stripped of

As US SPACs flounder, did Europe largely dodge a bullet?

Things have turned so sour for SPACs that it leaves us with a question: Why did anyone think that this was a good idea again?
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