Top Amazon aggregator Thrasio files for bankruptcy Aggregators like Thrasio raised billions of dollars from investors looking to cash in on the third-party seller rollup craze. Tech News
Biden to issue executive order aimed at protecting Americans’ sensitive data from China, other ‘hostile countries’ U.S. President Joe Biden will issue a new executive order intended to safeguard the personal data of American citizens from countries deemed hostile. Tech News
From expanding screens to see-through displays: How tech giants are trying to jazz up their gadgets Gadget makers are experimenting with various types of displays from expandable to bendable screends on their devices to stand out from the crowd. Tech News
Honor to launch its first foldable flip phone to challenge Samsung Honor will launch a foldable flip phone this year, the Chinese smartphone maker’s CEO George Zhao told CNBC in an exclusive interview. Tech News
Bumble to lay off 350 employees, or about 37% of its workforce Bumble announced plans to lay off around 350 employees in its fourth-quarter report Tuesday. Tech News
Bitcoin firm MicroStrategy pops 27% in two days as company’s crypto stake hits $11 billion MicroStrategy announced Monday that it added another $155 million worth of bitcoin to its balance sheet. Tech News
Hims & Hers soars 32% on rapid growth in mental health, weight loss and dermatology treatments Shares of Hims & Hers Health popped Tuesday after the company reported better-than-expected quarterly results. Tech News
Apple reportedly cancels plans to build a car Apple will wind down its team working on electric cars, called Special Projects Group, according to a report from Bloomberg News. Tech News